Write differences between: Marginal propensity to consume and Marginal propensity to save.

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Latest Answer: 2 months ago
In: Commerce

Write differences between: Marginal propensity to consume and Marginal propensity to save.

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Answered By Anita Sahani
Answer: 2 months ago

Marginal Propensity to Consume: The marginal propensity to consume (MPC) is the flip side of MPS. MPC helps to quantify the relationship between income and consumption. MPC is the portion of each extr... Read More

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