Economics · Macroeconomics
Which of the following is defined as the change in consumption per unit change in income?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Average propensity to save
- 2Marginal propensity to consume✓
- 3Average propensity to consume
- 4Marginal propensity to save
Correct answer
Marginal propensity to consume
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