if-you-receive-a-bonus-of-1000-and-your-marginal-propensity-to-save-mps-is-03-ho

Question

If you receive a bonus of $1,000 and your marginal propensity to save (MPS) is 0.3, how much of the bonus will you save?

Accepted Answer

$300

Answer

$1,000

Answer

$0

Answer

$700

If you receive a bonus of \$1,000 and your marginal propensity to save (MPS) is 0.3, how much of the bonus will you save?