Distinguish between MPC and MPS

MPC	MPS
(i) MPC stands for Marginal Propensity to Consume.	(i) MPS stands for Marginal Propensity to Save.
(ii) The MPC is the fraction of the last dollar of disposable income that is spent a consumption goods and services.	(ii) The MPS is the fraction of the last dollar of disposable income saved.
(iii) It is calculated as the increase in consumption expenditure divided by the increase in disposable income.	(iii) It is calculated as the increase in saving divided by the increase in disposable by the increase in disposable income.
(iv) The MPC indicates the portion of a household’s additional income that is used for consumption and expenditures.	(iv) The MPS indicates what the overall household sector does with extra income.
(v)	(v)