Marginal propensity to consume is useful because it relates to how a government stimulus might affect the economy. The formula used to calculate the marginal propensity to consume is change in ...

Charday Penn Marginal propensity to save (MPS) is used by economists to quantify the relationship between changes in income and changes in savings. It refers to the proportion of an increase in di ...

What Is Marginal Propensity to Save? Marginal propensity to save (MPS) is used by economists to quantify the relationship between changes in income and changes in savings. It refers to the ...