Answer to Question #63625 in Microeconomics for Tahir

Question #63625
Sum of MPC and MPS equals ?
1
Expert's answer
2016-12-04T06:52:14-0500
The sum of MPC and MPS is equal to 1, since the income is either spent on consumption or savings.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS