Marginal propensity to consume and the marginal propensity to save refer to the portion of each extra dollar of a household’s ...
Explore marginal propensity to import (MPM) and learn how changes in disposable income affect import levels. Discover its ...
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Factors That Drive Marginal Propensity to Consume
The main factors that drive the marginal propensity to consume (MPC) are the availability of credit, taxation levels, and consumer confidence. According to Keynesian economic theory, the propensity to ...
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