Average propensity to consume

From CNM Wiki

Revision as of 15:59, 1 July 2020 by Kainat9 (talk | contribs) (Created page with "Average propensity to consume (APC) is the ratio of consumption to income (C/Y). ==Definition== According to Macroeconomics by Mankiw (7th edition), :Average pr...")

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Jump to: navigation, search

Average propensity to consume (APC) is the ratio of consumption to income (C/Y).

Definition

According to Macroeconomics by Mankiw (7th edition),

Average propensity to consume (APC). The ratio of consumption to income (C/Y).

Retrieved from "https://pravka.bskol.com/w/index.php?title=Average_propensity_to_consume&oldid=50134"