People spend a fraction of total disposable income {average propensity to consume} (APC) and save a fraction {average propensity to save} (APS). APC + APS equals one, because people must spend or save income.
Social Sciences>Economics>Macroeconomics>Government Actions>Monetary Policy>Propensity
6-Economics-Macroeconomics-Government Actions-Monetary Policy-Propensity
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Date Modified: 2022.0224