Answer-The marginal propensity to consume (MPC) refers to the:

In economics, the marginal propensity to consume MPC is defined as the proportion of an aggregate raise in pay that a consumer spends on the consumption of goods and services, as opposed to saving it.

Question

The marginal propensity to consume (MP

C refers to the:

A rate of change of consumption as income changes

B savings per unit of income

C consumption per unit of income

D change in savings per unit change in income

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The marginal propensity to consume (MP

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