Examlex
The half-life of 3H is 12 years. About how long does it take for 7/8 of a sample of that radionuclide to decay?
MPS
Marginal Propensity to Save, which measures the proportion of additional income that households save rather than spend on consumption.
APS
The Average Propensity to Save, which is the proportion of income that households save rather than consume.
MPC
The marginal propensity to consume, which is the portion of additional income that a consumer spends on goods and services.
Consumption
The total value of goods and services consumed by households and businesses.
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