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2.2.2 Consumption (C)

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Question 6

Table 2: Marginal propensity to save (mps) in Country X

YearMarginal propensity to save (mps)
20160.06
20170.07
20180.09
20190.11
20200.14
20210.15

Explain one possible reason for the changes in the marginal propensity to save as shown in Table 2.

[2]

2.2.2 Consumption (C) Questions

  1. A Level
  2. /Economics
  3. /2.2.2 Consumption (C)