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The additional consumption as a result of one extra dollar earned is called ? For example, for one extra $1 earned, if 0.8 is being
The additional consumption as a result of one extra dollar earned is called ? For example, for one extra $1 earned, if 0.8 is being consumed, what does 0.8 mean ($0.80/$1.00)? consumption function marginal propensity to consume (MPC) marginal propensity to save (MPS) spending function. changing propensity to consume
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
