What is "mps"• or the 'marginal propensity to save'?
a) the proportion of total additional planned savings to total additional income
b) the proportion of total additional income to total additional planned savings
c) the fraction of total additional income that is used for consumption
d) none of the above
a) the proportion of total additional planned savings to total additional income
b) the proportion of total additional income to total additional planned savings
c) the fraction of total additional income that is used for consumption
d) none of the above