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Which of the following is true?
I. 1 − MPS = MPC where MPS = marginal propensity to save and MPC = marginal propensity to consume.
II. personal saving + consumption = gross income
III. ∆disposable income = ∆saving + ∆consumption where ∆ = change in
Long-range Plans
Long-range plans are strategic frameworks that outline an organization's goals and objectives over an extended period, often spanning several years into the future.
Committee
A group of individuals designated to perform a specific task or to deliberate on a particular issue within an organization.
Organizational Structure
Describes the way in which a company or organization is arranged, including the roles, responsibilities, and communication methods between members.
Entire Group
The whole set or total number of individuals within a defined category or team, without exclusion.
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