Examlex
An effective extemporaneous presentation
APS
Stands for Aggregate Planning Strategies, techniques used in business to match supply and demand by adjusting production rates, labor levels, and inventory.
MPC
The marginal propensity to consume, which is the proportion of any additional income that is spent on consumption rather than being saved.
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.
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