Adam Smith on Wages and Wealth

[Imran Siddiqui]

I'm not sure what you mean when you say 'taking mpc and mps into account,'

All income is subject to mpc and mps. When you sell a stock, you gain income. According to the mpc and mps, you will consume with a certain part of it and save with the rest (and since mpc is usually always much higher than mps in modern capitalism, you will consume a high degree of it).

[DuncanK]