The marginal propensity to consume is the:

Question

Accepted Answer

amount by which consumption increases when disposable income increases by $1

Answer

percentage by which consumption increases when disposable income increases by $1

Answer

amount by which disposable income increases when consumption increases by $1

Answer

amount by which saving increases when disposable income increases by $1

Answer

percentage by which disposable income increases when consumption increases by $1

Crowdly