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Differentiate between the average and the marginal propensity to consume

      

Differentiate between the average and the marginal propensity to consume

  

Answers


Dana
Marginal propensity to consume is the increase in consumption resulting from increase in income while the average propensity to consume is the proportion of disposable income used for consumption

Dana05 answered the question on July 18, 2019 at 19:47


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