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词汇 marginal-propensity-to-consume
释义 marginal propensity to consume
noun[ S ]
ukus(abbreviationMPC)
ECONOMICS
the degree to which people will change how much they consume more in relation to a change in income

Examples of marginal propensity to consume


marginal propensity to consume
The extent of the multiplier effect in increasing domestic business activity is dependent upon the marginalpropensitytoconsume and marginal propensity to import.
From
Wikipedia

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This idea came to replace the perception that people had a marginalpropensitytoconsume and therefore current consumption was tied to current income.
From
Wikipedia

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Investment, in its turn, depends upon consumption, and consumption depends upon the marginal propensitytoconsume (savings rate) across all income categories.
From
Wikipedia

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Also, marginal propensity to save is opposite of marginalpropensitytoconsume.
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Wikipedia

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It could not explain the fact that the long-run average propensity to consume seemed to be roughly constant despite the marginalpropensitytoconsume being much lower.
From
Wikipedia

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That is, the marginalpropensitytoconsume (mpc) is less than one, so that each round some extra income goes into saving, leaking out of the cumulative process.
From
Wikipedia

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As nominal wages increase, people's marginalpropensitytoconsume stays the same, but they are able to purchase more things at the same percentage of marginal propensity.
From
Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
For the marginalpropensitytoconsume, the natural space of possible values is [0, 1].
Because the marginalpropensitytoconsume is less than unity, a permanent terms of trade worsening is then followed by a negative flow of saving.
Older generations have a larger marginalpropensitytoconsume than younger ones.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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