propensity to consume

National income and the average propensity to consume in the United States, 1869- 1928.

Firstly, marginal propensity to consume lies between 0 and 1.

"The preliminary evidence suggests that the marginal propensity to consume is about the same this time," he said.

That is, where c is both the average and marginal propensity to consume.

Now let the marginal propensity to consume for the construction company be 'c'.

It stabilised demand by income transfers to those who had a high propensity to consume.

Secondly, average propensity to consume falls as income rises.

The relationship between the multiplier and the propensity to consume is as follows:

Second, people with higher incomes have a lower marginal propensity to consume their incomes.

The proportion of the disposable income which individuals desire to spend on consumption is known as propensity to consume.

The marginal propensity to consume is higher in a poor country and lower in the case of rich country.

A marginal propensity to consume low enough that high incomes are correlated with people who have already made themselves rich (meritocracy).

This wage explosion favoring workers with a high propensity to consume had a dramatic impact on the nation's economic growth and pattern of expenditures.

Also, marginal propensity to save is opposite of marginal propensity to consume.

Jarvis was also something of a social outsider, known for his ostentatious dress, flippant manner, and propensity to consume alcohol.

Average propensity to consume (APC) is the percentage of income spent.

To account for these indirect effects of economic activity, economists use economic multipliers that are related to worker's marginal propensity to consume.

The complement is the average propensity to consume (APC).

The rate of interest is determined by the propensity to save; the discount rate by the propensity to consume.

Marginal propensity to consume can be found by dividing change in consumption by a change in income, or .

In a capitalist society, with a marginal propensity to consume below one, these are 'automatic' causes of wealth condensation due to variable incomes.

The marginal propensity to consume (MPC) out of each of these accounts is different.

The extent of the multiplier effect is dependent upon the marginal propensity to consume and marginal propensity to import.

The Propensity to Consume: II.

For this reason, many empirical studies have attempted to measure the marginal propensity to consume (Barro, 1993, Ch.