An economic term for the amount that consumption changes in response to an incremental change in disposable income. Equal to the change in consumption divided by the change in disposable income that produced the consumption change.
Related information about marginal propensity to consume:
- Marginal propensity to consume - Wikipedia, the free encyclopedia
In economics, the marginal propensity to consume (MPC) is an empirical metric that quantifies induced consumption, the concept that the increase in personal ...
- Marginal Propensity To Consume (MPC) Definition | Investopedia
A component of Keynesian theory, MPC represents the proportion of an aggregate raise in pay that is spent on the consumption of goods and services, ...
- Marginal Propensity to Consume - AmosWEB
The marginal propensity to consume is critical to the macroeconomy and the study of Keynesian economics. First, the MPC captures induced consumption and ...
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Jun 28, 2011 ... AP Macro-Economics - Marginal Propensity to Consume and Save and the Multiplier Effect. ExamPop. Subscribe Subscribed Unsubscribe ...
- The Relationship Between Marginal Propensity to Consume ...
The terms "marginal propensity to save" and "marginal propensity to consume" are economic terms used to discuss how an entity deals with surplus income.
- Methods of Measuring the Marginal Propensity to Consume - JStor
THE marginal propensity to consume and its companion, the mul- tiplier, are of central ... marginal propensity to consume approach the problem by correlating ...
- Marginal Propensity to Consume financial definition of Marginal ...
In Keynesian economics, the amount of a person's increase in income spent on goods and services as opposed to saved. It is measured as a ratio of a change in ...
- How to Calculate Marginal Propensity to Consume | eHow.com
How to Calculate Marginal Propensity to Consume. The Marginal Propensity to Consume (MPC) is a calculation used by economists to express the amount of ...