The Marginal Propensity to Save (MPS) Is

question 187

Multiple Choice

The marginal propensity to save (MPS) is

• A) the rate at which real savings changes over time.
• B) the percentage of real disposable income saved.
• C) the difference between the amounts of real disposable income consumed and saved.
• D) the percentage of an additional dollar of real disposable income that will go toward additional real savings.

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Definitions:

Supplementary

Additional or extra elements that support or complement the primary.

Line Charts

Graphical representations that display information as a series of data points connected by straight line segments.

Extensive Data

A large amount of information collected and used for analysis or decision making.

RFP

Request For Proposal; a document that solicits proposal, often made through a bidding process, by an agency or company interested in procurement of a commodity, service, or valuable asset.