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.
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This is the how writers should order a sequence of events:
Writers should use chronological order to narrate a sequence of events.
<h3>What does chronological order mean?</h3>
When you order a sequence of events in <u>chronological order</u>, it means that you order the events how they have occurred, from the first one (the oldest one) to the last one (the newest).
This would allow the reader to understand more easily the events.
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The Winter Olympics are held every 4 years.
The answer is By arguing that plants must have several signs
If you don't know pick c and analyze the question
