The Marginal Propensity to Consume Is Equal to

question 311

Multiple Choice

The marginal propensity to consume is equal to

• A) what people spend out of total disposable income.
• B) the desired amount of consumption expenditure as a proportion of disposable income.
• C) the average, after-tax consumption amount.
• D) the change in consumption expenditure from a change in disposable income.

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