Marginal propensity

 

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Marginal propensity

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



Similar Matches

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.


Marginal propensity to save

Marginal propensity to save

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


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.


Propensity

Propensity

The extent to which an economic agent is inclined to use income for a particular purpose, such as the (marginal or average) propensity to import, or propensity to consume, measured as the fraction of income (or of a change in income, if marginal) devoted to such an activity.


Average propensity

Average propensity

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


Further Suggestions

Average propensity to import
Import propensity
Average propensity to consume


 
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