relationship between average propensity to saving and marginal propensity to save
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APS refers to Average Propensity to save which defines the amount of savings in every 1 rupee of income for all level of income which can be less than zero at income levels which are lower than the break-even point whereas Marginal Propensity to save refers to the percentage change in savings for every one rupee of ...
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Explanation:
APS refers to Average Propensity to save which defines the amount of savings in every 1 rupee of income for all level of income which can be less than zero at income levels which are lower than the break-even point whereas Marginal Propensity to save refers to the percentage change in savings for every one rupee of
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