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Marginal Propensity to Consume in Economy Formulas
Marginal Propensity to Consume refers to the proportion of an additional unit of income that a consumer spends on consumption. And is denoted by MPC.
Economy formulas that make use of Marginal Propensity to Consume
f
x
Investment Multiplier
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FAQ
What is the Marginal Propensity to Consume?
Marginal Propensity to Consume refers to the proportion of an additional unit of income that a consumer spends on consumption.
Can the Marginal Propensity to Consume be negative?
{YesorNo}, the Marginal Propensity to Consume, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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