Examlex
Which of the following is NOT a function of communication discussed in your text?
MPC
Marginal Propensity to Consume, which represents the ratio of change in consumer spending to a change in household income.
MPS
The marginal propensity to save, which is the proportion of an increase in income that is saved rather than spent on consumption.
Disposable Income
Funds at households' discretion for savings and spending pursuits after the deduction of income taxes.
Autonomous Consumption
The minimum level of consumption that would still occur even if a consumer had no income, based on basic needs and obligations.
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