The Marginal Propensity to Consume Is

question 168

Multiple Choice

The marginal propensity to consume is:

• A) the change in income divided by the change in consumption.
• B) consumption spending divided by income.
• C) income divided by consumption spending.
• D) the change in consumption divided by the change in income.
• E) the change in consumption divided by income.

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Definitions:

Cost Accounting Systems

The framework and processes used to systematically record, measure, and analyze costs associated with a company's operations, for the purpose of internal decision making.