Economics · Macroeconomics
The marginal propensity to consume (MPC) refers to the:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1rate of change of consumption as income changes✓
- 2savings per unit of income
- 3consumption per unit of income
- 4change in savings per unit change in income
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rate of change of consumption as income changes
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