Practicing Success
One among the following should be added to MPC to find the result 1 (one). Choose the correct answer : |
APS APC MPS MPC |
MPS |
The correct answer is option (3) : MPS MPC + MPS = 1 The sum of MPC and MPS equals 1, which represents the entirely of income, with some being consumed (MPC) and the rest being saved (MPS). |