________is the number by which the change in investment must be multiplied in order to determine the resulting changes in total income.
1. Multiplier
2. Unemployment
3.Marginal propensity to consume 4.Marginal propensity to save
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Answer:
Marginal propensity to consume
Explanation:
The marginal propensity to consume (MPC) is defined as the proportion of an aggregate raise in pay that a consumer spends on the consumption of goods and services, as opposed to saving it. it is a component of Keynesian macroeconomic theory and is calculated as the change in consumption divided by the change in income.
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