The Marginal Propensity to Consume Is Defined to Be

question 6

Multiple Choice

The marginal propensity to consume is defined to be

• A)the change in desired consumption divided by the change in saving.
• B)the change in desired consumption divided by total disposable income.
• C)the change in desired consumption divided by the change in disposable income.
• D)total desired consumption divided by total disposable income.
• E)total desired consumption divided by the change in disposable income.

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