economists are generally considered for Rising MPS Marginal Prosperity in an economy. Why?
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“Economists are generally concerned about the rising Marginal Propensity to Save (MPS) in an economy”. Explain why? Answer. Since the sum of MPC and'MPS is unity, any increase in Marginal Propensity to Save (MPS) would directly lead to a decrease in Marginal Propensity to Consume (MPC).
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“Economists are generally concerned about the rising Marginal Propensity to Save (MPS) in an economy”. Explain why? Answer. Since the sum of MPC and'MPS is unity, any increase in Marginal Propensity to Save (MPS) would directly lead to a decrease in Marginal Propensity to Consume (MPC).
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