MPC and MPS
Homework • Unanswered • Due Today, 11:59 PM
Consider the data in the table below. How much is the marginal propensity to
save, mps, in this economy?
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a
0.2.
b
0.4.
c
0.75.
d
0.8.
Consumption
(dollars)
$600
1,000
1,400
Disposable Income
(dollars)
$1,000
1,500
2,000