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BaLLatris [955]
2 years ago
10

Chegg What are MPC, MPS, and the spending multiplier

SAT
1 answer:
xenn [34]2 years ago
7 0

MPC stands for "marginal propensity to consume," which refers to a rise in consumer spending for every unit of income level achieved.

Marginal propensity to save (MPS) is the percentage of a person's income that they put away for savings for every unit that their income level rises.

Spending multiplier = Increase in income level for each unit increase in autonomous spending = 1/(1-MPC) = 1/MPS Spending multiplier = Increase in income level for each unit increase in autonomous expenditure. This is further explained below.

<h3>What is a multiplier?</h3>

Generally, the amount by which the return on investment is greater than the investment itself is referred to as the investment's return on investment (ROI).

In conclusion, Marginal propensity to save (MPS) is the percentage of a person's income that they put away for savings for every unit that their income level rises.

Read more about multiplier

brainly.com/question/23536361

#SPJ1

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Answer:

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I asked the same question and got this as an answer. Hope this helps! :)

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Maksim231197 [3]

As an object falls toward earth, the potential energy of the object: Decreases

<h3>What is the gravitational potential energy towards the earth?</h3>

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How many moles of helium atoms are there in 2. 4 x 1024 helium atoms?.
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