Economy, asked by Pihuvictor, 7 months ago

Which type of relationship is there between MPS and K Micheller

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Answered by sanjuambastha

Answer:

The marginal propensity to consume (MPC) is the flip side of MPS. MPC helps to quantify the relationship between income and consumption. ... MPC measures that relationship to determine how much spending increases for each dollar of additional income.

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