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Explain MPS. - Economics

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प्रश्न

Explain MPS.

स्पष्ट कीजिए
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उत्तर

MPS is the ratio of change in total desired saving to change in total income.

Symbolically,

MPS = `(DeltaS)/(DeltaY)`

Where ΔS refers to change in total desired saving and ΔY refers to change in income.

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अध्याय 12: Theory of Income and Employment - TEST YOURSELF QUESTIONS [पृष्ठ २३०]

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फ्रैंक Economics [English] Class 12 ISC
अध्याय 12 Theory of Income and Employment
TEST YOURSELF QUESTIONS | Q 8. (ii) | पृष्ठ २३०
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