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Can mpc=1? EXPLAIN

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Can mpc=1? EXPLAIN
  • 2 answers

Lokesh Dhariwal 7 years, 11 months ago

Yes , because mpc+mps=1 and MPs means marginal propensity to save and it can be zero . Example: MPs is zero So, mpc+MPs=1 Mpc +0=1 , Then mpc =1

Md Kashif 7 years, 11 months ago

Yes
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