Average propensity


 

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Average propensity

The fraction of total income spent on an activity, such as consumption or imports. See propensity.



Similar Matches

Marginal propensity

Marginal propensity

The fraction of a change in income devoted to an activity, such as consumption, importing, or saving. See propensity.


Marginal propensity to import

Marginal propensity to import

The fraction of a change in income (or perhaps disposable income) spent on imports. Contrasts with average propensity to import.


Average propensity to consume

Average propensity to consume

The fraction of total (or perhaps disposable) income spent on consumption. Contrasts with marginal propensity to consume.


Import propensity

Import propensity

The marginal propensity to import (or sometimes the average propensity, if they are different).


Marginal propensity to consume

Marginal propensity to consume

The fraction of a change in income (or perhaps disposable income) spent on consumption. Contrasts with average propensity to consume.


Further Suggestions

Propensity
Marginal propensity to save
Average propensity to import


 
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