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

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.


Import propensity

Import propensity

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


Average propensity

Average propensity

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


Marginal propensity to save

Marginal propensity to save

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


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.


Further Suggestions

Marginal propensity to import
Average propensity to consume
Marginal propensity to consume


 
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