If consumption increases by $12 billion when real disposable income increases by $15 billion, What is the value of the MPC? What is the relationship between the MPC and the MPS? If the MPC rises, what must happen to the MPS? How is the MPC related to the consumption function? How is the MPS related to the saving function?© BrainMass Inc. brainmass.com November 24, 2022, 11:43 am ad1c9bdddf
MPC = dC / d Yd = 12/15= 0.8
<br>The relationship between the MPC and the MPS ...
How is the MPS related to the saving function