Ask Question
26 January, 23:00

The marginal propensity to consume plus the marginal propensity to save is

+1
Answers (1)
  1. 27 January, 00:07
    0
    The marginal propensity to consume plus the marginal propensity to save equals 1. Because consumption expenditure and saving exhaust disposable income, 0.9 of each dollar increase in disposable income is consumed and the remaining part (0.1) is saved.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “The marginal propensity to consume plus the marginal propensity to save is ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers