The Marginal Propensity to Consume (MPC)is Defined as the Fraction

question 120

Multiple Choice

The marginal propensity to consume (MPC) is defined as the fraction of

• A)extra income that a household consumes rather than saves.
• B)extra income that a household either consumes or saves.
• C)total income that a household consumes rather than saves.
• D)total income that a household either consumes or saves.

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