Marginal propensity to consume means: / » Micro Economics 1 solved MCQs / By admin Question: Marginal propensity to consume means: A. Inclination to conspicuous consumption B. Low income group spending more C. Rate of income spend on consumption D. The rate of extra income that will be spent on consumption Answer» d. The rate of extra income that will be spent on consumption Note: The above multiple-choice question is for all general and Competitive Exams in India.
