Examlex
A disadvantage of ________ departmentalization is poor communication across the different groups.
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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