marginal propensity to save
Definition
Proportion of a small change in disposable income that would be saved, instead of being spent on consumption. It is computed by dividing the change in savings by the change in disposable income that caused the change.
marginal propensity to save is in the Banking, Commerce & Finance and Economics, Politics, & Society subjects.
marginal propensity to save appears in the definition of the following term: economic multiplier
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