Answer to Question #82689 in Macroeconomics for ziad kira

Question #82689

finding MPs from saving function

Expert's answer

MPS

Marginal Propensity to Save (MPS) can be calculated by dividing the change in savings by change in income. In other words, MPS is the slope of the savings function.

Learn more about our help with Assignments: Macroeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. 1. Why did housing prices rise rapidly during 2002-2005? Why did the mortgage default rate increase
2. The concept of comparative advantage makes the assumption that everyone will be better off a) pro
3. http://prntscr.com/lc97oq What is the benefit of the U.S. producing only Product B and Japan produ
4. According to the law of comparative advantage, which of these would help improve Colombia's eco
5. http://prntscr.com/lc8wz5 (Make sure to select all of the correct answer choices for this question
6. http://prntscr.com/lc8uh2 <--- passage How will the Senator's plan spur economic growth?
7. What is the step by step process of making money in the United States?