The marginal propensity to consume is found by
A. dividing consumption expenditure by disposable income.
B. dividing disposable income by consumption expenditure.
C. dividing the change in disposable income by the change in consumption expenditure.
D. dividing the change in consumption expenditure by the change in disposable income.
Answer:D
The marginal propensity to consume is found by
A. dividing consumption expenditure by disposable income. B. dividing disposable income by consumption expenditure. C. dividing the change in disposable income by the change in consumption expenditure. D. dividing the change in consumption expenditure by the change in disposable income.