Marginal propensity to consume

An Economic term for the amount that consumption changes in response to an incremental change in disposable income. Equal to the change in consumption divided by the change in Disposable income that produced the consumption change.

Related Terms: 4 Disposable income, Economic, Inc., Term

Other Related Pages: Category: Economy Starting With: M

Additional Related Terms: 10-Q, Allowance for depreciation, At par, All or any part, At best, At call, At risk, Add-on service, Action to quiet title, As is