marginal propensity to consume
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The percentage of an additional dollar of income that will be spent on consumption as contrasted to savings or investment
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Associated words [difficulty]:
marginal propensity to consume
, gross domestic product (GDP) [6]
, market concentration [9]
, money supply [9]
, purchasing power parity (PPP) [9]
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Most commonly used in these subjects:
Public Policy & Politics,
Business,
Personal Finance
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