Q. Which one of the following is not correct: (Solved)
1. MPC declines as income increases
2. MPC is positive but less than one
3. MPS is always positive
4. MPS declines as income increases
- c. MPS is always positive
1. MPC declines as income increases
2. MPC is positive but less than one
3. MPS is always positive
4. MPS declines as income increases