marginal propensity to consume

 

 

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marginal propensity to consume

 

Glossary of money, banking and financial markets

 

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Economics

 

Definition of marginal propensity to consume

 

marginal propensity to consume: The slope of the consumption function line that measures the change in consumer expenditure resulting from an additional dollar of disposable income.

 

Source : http://college.vatc.edu.vn/attachments/article/152/Glossary%20-%20MONEY,%20BANKING,%20&%20FINANCIAL%20MARKETS.doc

link: http://college.vatc.edu.vn/

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Glossary of money, banking and financial markets

 

Economics money banking and financial market glossary index of terms

 

 

Definition and meaning of marginal propensity to consume

 

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