The average propensity to consume is the ratio of-09044
The average propensity to consume is the ratio of:
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Mid Term - Quiz No.10.
The average propensity to consume is the ratio of:
A change in consumption to a change in disposable income.
A change in consumption to total disposable income at a specific income level.
Total consumption to total disposable income at a specific income level.
Total consumption to a change in disposable income.