Keypoint
Economics

Marginal Propensity to Consume (mpc)

It is a change in consumption that is brought about by a unit change in income

← Previous Average propensity to consume (A.P.C) Next → Consumption Function

Related Topics

  • Objectives of Imf
  • Types of Insurance
  • Economic Growth
  • Factors That Determine National Income
  • Petroleum and Niger Economy

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