Economics · Economy
The consumption per unit of income is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1average propensity to consume (APC)✓
- 2marginal propensity to consume (MPC)
- 3average propensity to save (APS)
- 4marginal propensity to save (MPS)
Correct answer
average propensity to consume (APC)
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