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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i disagree
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it could be a strong storm and the heat made it look like a normal storm
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Writer Jonah Lehrer has been following the work of several scientists engaged in experiments with the brain and our eureka moments. The studies aim to pinpoint ...
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right ???
Actually, people can only speculate what actually happened. Atheists have their beliefs and so do other religions. Christianity believes that when God created the world, he made the seas, oceans, rivers etc. :)
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The samphor
Explanation:
The samphor is a double headed barrel drum which is used in Cambodia as a musical instrument.
It has uneven drum heads, with one side bigger than the other and both can be played simultaneously or at the same time.
