What is the relationship between APC and APS???
What is the relationship between marginal propensity to save and marginal propensity to consume??
Answers
hey!
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Answer:-
_______
----->>> The sum of APC and APS is equal to one.
-->> example:- when APC + APS = 1.
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------->>>>The sum total of MPC and MPS is equal to one.
--->> example:- when MPC + MPS = 1.
hope help u
Heya ____
Propensity means proportion and in economics there are four types of propensity :-
√ Marginal Propensity to save
( MPS )
√ Marginal Propensity to consume
( MPC )
√ Average Propensity to save
( APS )
√ Average Propensity to consume
( APC )
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__________
⚪ What is the relationship between APC and APS???
Ans _____
The sum of APC and APS is equals to one...
APC + APS = 1
____
__________
⚪ What is the relationship between marginal propensity to save and marginal propensity to consume??
Ans ______
The sum of MPS and MPC is equals to one..
MPS + MPC = 1
Thank you