Question

define prosperity to consume​

Answer 1

Explanation:

In economics, the average propensity to consume is the fraction of income spent. It is computed by dividing consumption by income, or. Sometimes, disposable income is used as the denominator instead, so, where C is the amount spent, Y is pre-tax income, and T is taxes.

Answer 2

Answer:

Propensity to consume, in economics, the proportion of total income or of an increase in income that consumers tend to spend on goods and services rather than to save.