Solved

Marginal Propensity to Consume Means

Question 6

Multiple Choice

Marginal propensity to consume means:


A) Inclination to conspicuous consumption
B) Low income group spending more
C) Rate of income spend on consumption
D) The rate of extra income that will be spent on consumption

Correct Answer:

verifed

Verified

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

Related Questions