The marginal propensity to save (MPS) is equal to the
A) reciprocal value of the MPC.
B) difference between consumption and income.
C) slope of the savings function.
D) slope of the 45 degree.

Question

Quizplus · Accepted Answer

The marginal propensity to save (MPS) is the slope of the savings function, representing the change in savings resulting from a change in income.

The Marginal Propensity to Save (MPS) Is Equal to the