Marginal Propensity to Consume

Multiple Choice

Marginal propensity to consume:

A) is the change in production resulting from a given change in disposable income.
B) shows the amount households want to spend on goods and services at different levels of disposable income.
C) is the change in consumption resulting from a given change in disposable income.
D) is the change in saving resulting from a given change in disposable income.