The value of Marginal Propensity to Save (MPS) is zero. In this case, the value of Marginal Propensity to Consume (MPC) will be ……… .
A. 1
B. 0
C. − 1
D. None of these
Answer:A
The value of Marginal Propensity to Save (MPS) is zero. In this case, the value of Marginal Propensity to Consume (MPC) will be ……… .
A. 1 B. 0 C. − 1 D. None of these