MPS (Marginal Propensity to Save) Calculator
MPS Calculator
Component | Description |
---|---|
Change in Savings | The change in savings by households. |
Change in Income | The change in income by households. |
Marginal Propensity to Save (MPS) | The proportion of additional income that is saved by households. |
Formula | MPS = Change in Savings / Change in Income |
Purpose | Used to measure the savings behavior of households and its impact on the economy. |