The Marginal Propensity to Consume Refers to

question 365

Multiple Choice

The marginal propensity to consume refers to

• A) the additional consumption expenditure that occurs out of an additional dollar of disposable income.
• B) total consumption expenditure divided by total disposable income.
• C) the additional consumption expenditure that occurs out of an additional dollar of investment.
• D) the additional saving that occurs out of an additional dollar of disposable income.

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Definitions:

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