Marginal propensity to save: Difference between revisions
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imported>Doug Williamson m (Spacing 22/8/13) |
imported>Doug Williamson (Layout.) |
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The proportion of an increase in income which is saved, defined as 1 - MPC. | The proportion of an increase in income which is saved, defined as 1 - MPC. | ||
''Where:'' | |||
MPC = Marginal Propensity to Consume | |||
Revision as of 20:24, 5 May 2016
(MPS).
The proportion of an increase in income which is saved, defined as 1 - MPC.
Where:
MPC = Marginal Propensity to Consume
