Current Affairs · Macroeconomics
In macroeconomic analysis, marginal propensity to save (MPS) is defined as:
- 1the savings per unit of income of an individual
- 2the savings per unit change in the price of a good
- 3the savings per unit of a good
- 4the change in savings per unit change in income of an individual✓
Correct answer
the change in savings per unit change in income of an individual
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Current Affairs?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Macroeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Current Affairs · Macroeconomics