Marginal propensity to save
id:
marginal-propensity-to-save-233-7985063
title:
Marginal propensity to save
text:
The marginal propensity to save (MPS) is the fraction of an increase in income that is not spent and instead used for saving. It is the slope of the line plotting saving against income. For example, if a household earns one extra dollar, and the marginal propensity to save is 0.35, then of that dollar, the household will spend 65 cents and save 35 cents. Likewise, it is the fractional decrease in saving that results from a decrease in income. The MPS plays a central role in Keynesian economics a
brand slug:
wiki
category slug:
encyclopedia
description:
Fraction of income increase that is saved
original url:
https://en.wikipedia.org/wiki/Marginal_propensity_to_save
date created:
date modified:
2023-08-28T07:34:54Z
main entity:
{"identifier":"Q1661238","url":"https://www.wikidata.org/entity/Q1661238"}
image:
fields total:
13
integrity:
14