The Marginal Propensity to Consume (MPC)is

question 186

Multiple Choice

The marginal propensity to consume (MPC) is

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

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Definitions:

Edward T. Hall

An American anthropologist known for his work in the field of intercultural communication and the study of proxemics.

Intimate

Pertaining to a close, personal relationship or a detail shared in such a relationship.

Nonverbal Communication

The transmission of messages or signals through a nonlinguistic means, such as facial expressions, body language, or tone of voice.

Verbal Messages

Verbal messages are communications expressed in spoken words, conveying thoughts, intentions, or information from one person to another.