1. The average propensity to save is measured by
Answers
Answered by
0
Answer:
total savings divided by income level
Explanation:
Answered by
0
The formula to calculate APS is total savings divided by income level for which we want to determine APS. For example, if the income level is 100 and total savings for that level is 30, then APS is 30/100 or 0.3.
MARK AS BRAINLIEST.
Similar questions