Question

what is propensity to consume in economics​

Answer 1

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.

Explanation:I hope this will help you

Answer 2

HEYA HERE IS YOUR ANSWER

☞ The propensity to consume in the economics is a proportion to aggregate and raise in pay that a consumer spends on the consumption of goods and services, as opposed to saving it..here we can say in easy word that it is percentage of saving fraction is increased in incime that is not spent and intead of saving . It is the slope of line plotting saving against income .

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