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Question Practice

What does a high marginal propensity to save (MPS) indicate about consumer behavior?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
Determination Of Income And Employment
Question Bank

What does a high marginal prop...

Single Answer MCQ
Q-00089121

What does a high marginal propensity to save (MPS) indicate about consumer behavior?

1

Consumers are likely to spend less of their income

2

Consumers are investing more

3

Consumers are saving all of their income

4

Consumers prefer to consume immediately

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