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Marginal propensity |
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Marginal propensityThe fraction of a change in income devoted to an activity, such as consumption, importing, or saving. See propensity.Similar MatchesPropensityPropensityThe 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 to importAverage propensity to importThe fraction of total income spent on imports; thus the ratio of imports to GDP. Contrasts with marginal propensity to import. Marginal propensity to saveMarginal propensity to saveThe fraction of a change in income (or perhaps disposable income) that is saved. Average propensity to consumeAverage propensity to consumeThe fraction of total (or perhaps disposable) income spent on consumption. Contrasts with marginal propensity to consume. Import propensityImport propensityThe marginal propensity to import (or sometimes the average propensity, if they are different). Further SuggestionsMarginal propensity to importAverage propensity Marginal propensity to consume |
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