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The marginal propensity to consume is:

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8 years ago

The marginal propensity to consume is:

The marginal propensity to consume is:
A) the fraction of a change in income that is consumed or spent.
B) the amount of consumption at a specific level of income.
C) a change in saving divided by a change in consumption.
D) consumption times income.

Textbook

Principles of Macroeconomics

Edition: 11^th

Authors: Case, Fair, Oster

Read 133 times

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Jesslyn

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NYC Author

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#2

8 years ago

Good answer, thanks.

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