In the definition of marginal propensity to consume, marginal refers to ______.

a. the amount of extra taxes someone pays as a result of government purchases
b. the total income someone receives as a result of government purchases
c. the additional amount of disposable income someone receives
d. the amount of additional income spent on consumer goods and services

c. the additional amount of disposable income someone receives

Economics

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Refer to Table 11.1. What is the value of the marginal propensity to save?

A) 0.15 B) 0.25 C) 0.75 D) 0.9

Economics

How could return-chasing explain why many of Enron's employees lost most of their retirement savings when Enron went bankrupt?

What will be an ideal response?

Economics