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1 Answers
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- Answered By Nikita Chetry
- Answer: 1 month ago
When the Marginal Propensity to Save (MPS) is zero, the Marginal Propensity to Consume (MPC) equals 1. This is because MPC and MPS always add up to 1 (MPC + MPS = 1). If no additional income is saved...
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