Asked by pule

The marginal propensity to consume (MPC) is computed as the change in:


consumption divided by the change in savings


consumption divided by the change in disposable personal income


consumption divided by the change in GDP


none of the above
Answered by GPT-4o mini
The marginal propensity to consume (MPC) is computed as the change in consumption divided by the change in disposable personal income.

So the correct answer is:

**consumption divided by the change in disposable personal income**.
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