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9 June, 12:19

The marginal propensity to consume is defined as the

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  1. 9 June, 12:28
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    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.
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