Multiple Choice
If your disposable personal income increases from $30 000 to $40 000 and your savings increase from $2000 to $4000,your marginal propensity to save (MPS) is:
A) 0.2.
B) 0.4.
C) 0.5.
D) 0.8.
E) 1.
Correct Answer:
Verified
Correct Answer:
Verified
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