Economics · Macroeconomics
The slope of the consumption function graph in macroeconomics is represented by which of the following?
- 1Marginal Propensity to Consume (MPC)✓
- 2Average Propensity to Save (APS)
- 3Average Propensity to Consume (APC)
- 4Marginal Propensity to Save (MPS)
Correct answer
Marginal Propensity to Consume (MPC)
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