Question

Write any two features of marginal propensity to consume.

Answer 1

Answer:

• Marginal Propensity to Consume is the proportion of an increase in income that gets spent on consumption.

• MPC varies by income level. MPC is typically lower at higher incomes.

• MPC is the key determinant of the Keynesian multiplier, which describes the effect of increased investment or government spending as an economic stimulus

uh can write any of 2 from this