Business, 09.04.2020 19:25, mtetwabright1105

Suppose disposable income increases by $ 2,000 . As a result, consumption increases by $ 1,500 . Answer the questions based on this information. Where appropriate, enter your answer as a decimal rather than as a percentage.

a. The increase in savings resulting directly from this change in income is:
b. The marginal propensity to save (MPS) is:

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Suppose disposable income increases by $ 2,000 . As a result, consumption increases by $ 1,500 . Ans...