What is the relationship between: (i) Marginal propensity to save and marginal propensity to consume.
What is the relationship between:
(i) Marginal propensity to save and marginal propensity to consume.
(ii) Marginal propensity to save and investment multiplier.
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(i) The sum of MPC and MPS is equal to 1
(ii) The higher the MPS, the lower is the value of multiplier.
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