The marginal propensity to save (MPS) is computed as the change in:
A) savings divided by the change in saving.
B) savings divided by the change in disposable personal income.
C) saving divided by the change in GDP.
D) None of these.
Correct Answer:
Verified
Q104: Exhibit 8-2 Consumption function Q105: As shown in Exhibit 8-2, the break-even Q106: As shown in Exhibit 8-2, the 45 Q107: If your disposable personal income increases from Q108: The relationship between MPC and MPS is: Q110: Exhibit 8-2 Consumption function Q111: The marginal propensity to save is: Q112: Exhibit 8-3 Consumption Function Q113: Exhibit 8-2 Consumption function Q114: As shown in Exhibit 8-3, autonomous consumption Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)1
A)the change
