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If MPC = 0.8, then MPS equals ______.

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Question

If MPC = 0.8, then MPS equals ______.

Options

  • 0.8

  • 0.2

  • 1.0

  • 0.4

MCQ
Fill in the Blanks
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Solution

If MPC = 0.8, then MPS equals 0.2.

Explanation: 

MPC + MPS = 1, so MPS = 1 - MPC = 0.2.

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