Social Sciences, asked by harmanpreet57, 8 months ago

Is the ratio of Consumption to income​

Answers

Answered by Anonymous
8

Explanation:

The ratio of total consumption to total income is known as the average propensity to consume; an increase in consumption caused by an addition to income divided by that increase in income is known as the marginal propensity to consume.

Answered by ashutosh249
0

Explanation:

The ratio of total consumption to total income is known as the average propensity to consume; an increase in consumption caused by an addition to income divided by that increase in income is known as the marginal propensity to consume.

thank you Mark brainlist okay

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