The average propensity to save (APS) is a calculation of how much disposable income is regularly saved, based on the economic theories of John Maynard Keynes. Developing countries tend to have higher APS rates, while modern industrialized nations have lower rates. The marginal propensity to save (MPS) is closely related to APS and shows the […]
Average propensity to consume (APC) is the percentage of household income spent on goods and services in a given period, while the inverse is the average propensity to save (APS). High APC levels benefit the economy, but saving wisely leads to long-term financial success. The term “average propensity to consume” describes the percentage of household […]
The mean propensity to save (PPS) is an economic calculation based on John Maynard Keynes’ theories. In developing countries, PPS tends to be high, while most modern industrialized nations have a low PPS. The marginal propensity to save (MPS) and the average propensity to consume (APC) are related concepts. The mean propensity to save (PPS) […]