Marginal propensity to consume

 

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Marginal propensity to consume

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



Similar Matches

Import propensity

Import propensity

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


Marginal propensity to save

Marginal propensity to save

The fraction of a change in income (or perhaps disposable income) that is saved.


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.


Average propensity to import

Average propensity to import

The fraction of total income spent on imports; thus the ratio of imports to GDP. Contrasts with marginal propensity to import.


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.


Further Suggestions

Average propensity
Propensity
Marginal propensity


 
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