CBSE BOARD XII, asked by ROSHANROY10, 6 months ago

If the value of MPS is 1,how much will be marginal propensity to consume?​

Answers

Answered by nandini200823
11

Answer:

Mathematically, in a closed economy, MPS + MPC = 1, since an increase in one unit of income will be either consumed or saved. In the above example, If MPS = 0.4, then MPC = 1 - 0.4 = 0.6.

Explanation:

hope it is useful for you

Previous Question
Next Question
Similar questions
Social Sciences, 2 months ago
How do historians divide the past into periods? Do they face any problems in doing so?​
History, 2 months ago
Which of the following is associated with Operation Flood? a Green Revolution L. White Revolution C Gene Revolution d. Blood-less Revolution​...
Music, 2 months ago
2. Explain how are the musical instruments from the Cordillera are being used?​
Biology, 6 months ago
what is conditional statement.?​
English, 6 months ago
(do as directed) ____ Geeta and seeta ran the ​...
Social Sciences, 11 months ago
इस अध्याय में उल्लिखित कम से कम पाँच विचारों तथा प्रश्नों की सूची बनाओ। उनमें से किन्हीं 2 का चुनाव कर चर्चा करो कि वे आज भी क्यों महत्वपूर्ण हैं?
English, 11 months ago
What was the extend of Ashoka's empire​...
Hindi, 11 months ago
Ras nishpatti Kise Kahate Hain​...