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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Answer:
Since There Is No Equations Then The Answer Is Nothing
Explanation:
Simple
Is this muliorple answer?
Answer:
Shinto, indigenous religious beliefs and practices of Japan. ... Shintō has no founder, no official sacred scriptures in the strict sense, and ... Nature and varieties ... (Kokka Shintō)—based on the total identity of religion and state—and has ... and after the 13th century only a limited number of important shrines
Explanation:
