Ask Question
BusinessBusiness
9 June, 12:19

The marginal propensity to consume is defined as the

+3
Answers (1)
  1. 9 June, 12:28
    0
    The correct answer is: Proportion of any change in income that is spent on consumption.

    Explanation:

    In economics, this term is used to refer to the measurement made in order to determine consumption when the rent is increased by one unit. This measurement is nothing more than a mathematical relationship to calculate how people invest in consumption or save the income that is increased.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The marginal propensity to consume is defined as the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A company's days' cash on hand is computed by dividing: Group of answer choices cash and short-term investments by daily cash operating expenses. cash by total cash operating expenses.
Answers (1)
Buying a treasury bill (T-Bill) is best for investors who are looking for what?
Answers (1)
A department had 600 units which were 40% complete in beginning Goods in Process Inventory. During the current period, 7,000 units were transferred out. Ending Goods in Process Inventory was 800 units which were 40% complete.
Answers (1)
What is accountig mean?
Answers (2)
Corporate managers who fail to give due consideration to the rights of employees and other concerned groups in the pursuit of profit are treating these groups as means to the ends of stockholders. This is unjust according to the a.
Answers (1)
New Questions in Business
Which one of the following is not a financial intermediary? A. Security dealers B. Insurance companies C. Real estate investment trusts D. Pension funds
Answers (1)
Sherry often makes long personal phone calls from her desk during the work day. Alvin likes to wear shorts and old t-shirts to work during the summer. Jillian usually arrives 10 minutes late to the office in the morning.
Answers (1)
Which of the two would you consider most important, money or inventory?
Answers (1)
Which of the following statements is true? A.) Recombination of the body color and red/cinnabar eye alleles will occur more frequently than recombination of the alleles for wing length and aristae length. B.
Answers (1)
What will the federal government (federal reserve bank) do in an attempt to encourage saving and investing?
Answers (1)
Home » Business » The marginal propensity to consume is defined as the
Sign Up Forgot Password?