Economics · National Income and Related Aggregates
The ratio of additional consumption to additional income is called ______.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1average propensity to save
- 2marginal propensity to save
- 3ex ante consumption
- 4marginal propensity to consume✓
Correct answer
marginal propensity to consume
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