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Question Practice

How is the marginal propensity to consume (MPC) defined?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
Determination Of Income And Employment
Question Bank

How is the marginal propensity...

Single Answer MCQ
Q-00089079

How is the marginal propensity to consume (MPC) defined?

1

Change in consumption divided by change in savings

2

Change in consumption divided by change in income

3

Change in income divided by change in consumption

4

Change in savings divided by change in consumption

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