menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics for Today Study Set 6
  4. Exam
    Exam 18: The Keynesian Model
  5. Question
    Explain Why the Marginal Propensity to Save and the Marginal
Solved

Explain Why the Marginal Propensity to Save and the Marginal

Question 63

Question 63

Essay

Explain why the marginal propensity to save and the marginal propensity to consume sum to 1.

Correct Answer:

verifed

Verified

When we write MPC + MPS = 1, we are stat...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q58: Exhibit 8-1 Disposable income and consumption data<br><img

Q59: If the economy were left on its

Q60: The nation has its own MPC. When

Q61: Michelle Martelle, CEO of Michelle Enterprises, has

Q62: When sketched as a function of disposable

Q64: If there are strong expectations of future

Q65: Which one of the following changes is

Q66: What are the marginal propensity to consume

Q67: The dominant school of economic thought until

Q68: If disposable income is $400 billion, autonomous

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines