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What does the marginal propensity to save (MPS) indicate?a)It shows the proportion of income that is consumed.b)It represents the change in saving due to a change in income.c)It measures the total savings in an economy.d)It is equal to the average propensity to consume.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What does the marginal propensity to save (MPS) indicate?a)It shows the proportion of income that is consumed.b)It represents the change in saving due to a change in income.c)It measures the total savings in an economy.d)It is equal to the average propensity to consume.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What does the marginal propensity to save (MPS) indicate?a)It shows the proportion of income that is consumed.b)It represents the change in saving due to a change in income.c)It measures the total savings in an economy.d)It is equal to the average propensity to consume.Correct answer is option 'B'. Can you explain this answer?.

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