The term marginal propensity to consume can best be explained as the
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
- A Desire to spend more income on consumption
- B Change in consumption as a percentage of change in income
- C Average regularly spend on consumption
- D Total expenditure on consumption
- E Inclination to spend only a little on consumption
Correct Answer: Option B
Explanation:
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