English, asked by shabeek066, 11 months ago

define propensity to save ​

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Answered by Suriddhim
2

propensity to save. the proportion of NATIONAL INCOME that is saved by households (see SAVING). The average propensity to save (APS) is given by: The marginal propensity to save (MPS) is the fraction of any change in income that is saved: Alternatively, saving can be expressed as a proportion of DISPOSABLE INCOME.

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