1
Question
What is the full form of MPS?
What is the full form of MPS?
Open in App
Solution
MPS stands for Marginal Propensity to Save. It is defined as the proportion of an aggregate raise in income that is saved by a consumer instead of spending on goods and services.
Also read:
Learn about more questions and answers on business studies and various other commerce topics from our website.
MPS stands for Marginal Propensity to Save. It is defined as the proportion of an aggregate raise in income that is saved by a consumer instead of spending on goods and services.
Also read:
Learn about more questions and answers on business studies and various other commerce topics from our website.
Suggest Corrections
13
Similar questions
View More
Join BYJU'S Learning Program
Explore more
Join BYJU'S Learning Program
