How to Calculate MPC & MPS | Sapling
sapling.com
How to Calculate MPC & MPS | Sapling
Marginal Propensity to Consume (MPC) and Marginal Propensity to Save (MPS) measure the proportion of your spending or saving to your pay increase. Calculate MPC by dividing your change in consumption by your change in income. Calculate MPS by dividing your change in saving by your change in income.
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In an economy, the value of Marginal Propensity to Save (MPS) is 0.25, what will be the value of increase in income, if investments increased by ₹ 200 crores? - Economics | Shaalaa.com
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