Examlex
Which of the following is among the basic management ideas in the theory of administration (Fayol) ?
MPS
Marginal Propensity to Save, which is the proportion of an increase in income that is saved rather than spent on consumption.
Saving
The process of setting aside a portion of current income for future use, typically in the form of investments or deposit accounts.
Disposable Income
Economic latitude for households in spending and saving after the removal of income taxes.
APS
Automatic positioning system; however, in an economic context, it often refers to the Average Propensity to Save, indicating the proportion of income that is saved rather than spent.
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