The marginal propensity to consume is the
A. fraction of a change in disposable income spent on consumption expenditure.
B. amount saving increases when consumption expenditure decreases.
C. fraction of a change in saving spent on consumption expenditure.
D. fraction of a change in consumption expenditure that is not saved.
Answer:A
The marginal propensity to consume is the
A. fraction of a change in disposable income spent on consumption expenditure. B. amount saving increases when consumption expenditure decreases. C. fraction of a change in saving spent on consumption expenditure. D. fraction of a change in consumption expenditure that is not saved.