Difference between revisions of "Average propensity to consume"
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| − | The average propensity to consume is the amount of consumption divided by the amount of income: | + | The average propensity to consume is the amount of [[consumption]] divided by the amount of [[income]]: |
:average propensity to consume = (consumption) / (income) | :average propensity to consume = (consumption) / (income) | ||
[[Category:Economics]] | [[Category:Economics]] | ||
Latest revision as of 20:35, August 13, 2007
The average propensity to consume is the amount of consumption divided by the amount of income:
- average propensity to consume = (consumption) / (income)