Marginal propensity to save: Difference between revisions
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(MPS). The proportion of an increase in income which is saved, defined as 1 - MPC. | (MPS). | ||
The proportion of an increase in income which is saved, defined as 1 - MPC. | |||
''Where:'' | |||
MPC = Marginal Propensity to Consume | |||
== See also == | == See also == | ||
* [[Marginal propensity to consume]] | * [[Marginal propensity to consume]] | ||
* [[Multiplier]] | * [[Multiplier]] | ||
[[Category:The_business_context]] | |||
Latest revision as of 20:41, 26 June 2022
(MPS).
The proportion of an increase in income which is saved, defined as 1 - MPC.
Where:
MPC = Marginal Propensity to Consume
