Average Propensity to Save

Average Propensity to Save (APS) may be defined as the ratio of total saving total disposable income. Symbolically,
    

where, S = total saving, and
          
Y = total disposable income

For example total saving in an economy is $ 2,000 crore and total disposable income is $ 10,000 crore. Then, the APS will be calculated as follows:
    

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