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How is APS obtained from the APC? - Economics

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प्रश्न

How is APS obtained from the APC?

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उत्तर

When all money is either consumed or saved, the average propensity to consume (APC) plus the average propensity to save (APS) equals one. As a result, APS can be calculated by subtracting APC from one (APS = 1 − APC).

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