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marginal propensity to consume formula

marginal propensity to consume formula

MPC Calculator Marginal Propensity to Consume (MPC) belongs to Keynesian macroeconomic theory. It is calculated by dividing the change of consumption with the change in income. It is a measure of proportion of aggregate raise in income to the amount spent

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  • MARGINAL PROPENSITY TO CONSUME: The proportion of each additional dollar of household inco...
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  • Consumption Function Formula Marginal propensity to consume can vary considerably when ass...
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