Question

what is average propensity to consume?​

Answer 1

Answer:

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

Explanation:

Hartree-Fock theory, by assuming a single-determinant form for the wavefunction, neglects correlation between electrons. The electrons are subject to an average non-local potential arising from the other electrons, which can lead to a poor description of the electronic structure.