Solved

The Change in Desired Consumption Divided by the Change in Disposable

Question 12

Multiple Choice

The change in desired consumption divided by the change in disposable income that brought it about is called the


A) average propensity to consume.
B) marginal propensity not to spend.
C) marginal propensity to consume.
D) consumption function.
E) average propensity not to consume.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions