-Refer to the above data.The slope of the saving schedule is:
A) .80.
B) .10.
C) .20.
D) .15.

Name: -Refer to the above data.The slope of the saving schedule is: A) .80. B) .10. C) .20. D) .15.
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Question

-Refer to the above data.The slope of the saving schedule is:
A) .80. 
B) .10. 
C) .20. 
D) .15.

Quizplus · Accepted Answer

The slope of the saving schedule is the marginal propensity to save (MPS), which is the change in saving divided by the change in income. If the MPS is given as .20, then that is the slope of the saving schedule.

-Refer to the Above Data