MPC) is measured as the RATIO of the CHANGE in consumption to the change in income, thus giving US a figure between 0 and 1. The MPC can be more than one if the subject borrowed money to finance expenditures HIGHER than their income. One minus the MPC equals the marginal propensity to save.

"> MPC) is measured as the RATIO of the CHANGE in consumption to the change in income, thus giving US a figure between 0 and 1. The MPC can be more than one if the subject borrowed money to finance expenditures HIGHER than their income. One minus the MPC equals the marginal propensity to save.

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The marginal propensity to consume lies between

Economics Economics miscellaneous in Economics 4 months ago

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The Marginal Propensity to Consume (MPC) is measured as the RATIO of the CHANGE in consumption to the change in income, thus giving US a figure between 0 and 1. The MPC can be more than one if the subject borrowed money to finance expenditures HIGHER than their income. One minus the MPC equals the marginal propensity to save.

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Posted on 13 Jun 2025, this text provides information on Economics related to Economics miscellaneous in Economics. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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