Can APC be greater than 1?Can APS be greater than 1?Can MPC be geater than 1?Can MPS be greater than 1?explain
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only APC can be greater than 1 when C >Y,
APS Cannot be 1 and more than 1 as consumption cannot be equal to savings.
MPC + MPS = 1 , that means both cannot be 1 and zero, sum of those have to one.
so at the point of time MPS OR MPC cannot be greater than 1 as it it marginal propensity.
thanks and mark it as brainliest.
APS Cannot be 1 and more than 1 as consumption cannot be equal to savings.
MPC + MPS = 1 , that means both cannot be 1 and zero, sum of those have to one.
so at the point of time MPS OR MPC cannot be greater than 1 as it it marginal propensity.
thanks and mark it as brainliest.
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