marginal propensity to consume

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Marginal Propensity to Consume

In Keynesian economics, the amount of a person's increase in income spent on goods and services as opposed to saved. It is measured as a ratio of a change in consumption to a change in income. For example, if one receives a $5,000 raise in salary and spends $3,000, the MPC is 0.6. Factors affecting the MPC include interest rates and the relative expense of goods and services. See also: Marginal propensity to save.

marginal propensity to consume (MPC)

the fraction of any change in NATIONAL INCOME that is spent on consumption:


References in periodicals archive ?
However, Taylor cautions that additional research will be required to determine if inhibiting MPC activity might be a safe approach for human therapies, especially in people under high levels of physical stress or with other medical complications.
In the light of the above scenario, the MPC continues to maintain strong vigilance in monitoring the economic and financial developments and remains ready to intervene if the need arises.
About MPC MPC is an innovative IT asset Lifecycle Management (ITLM) business setting the standard for secure and certified services that ensure customers maximize the value they receive from technology throughout the entire lifecycle, from acquisition to disposition.
Bigasoft MPC Converter can be free downloaded and obtained from Bigasoft official website at: http://www.
However, the October minutes indicated that the MPC by no means believes that the UK economy is out of the woods and the committee clearly continues to have serious worries about the strength and sustainability of the upturn, particularly given the ongoing need and desire for financial institutions, households and companies to improve their balance sheets.
Also, by naming MPC members in the minutes, MPC members can be held accountable for their views, and this will help explain their votes.
Using X-Melt, MPC can consistently produce parts from 0.
The multivariate analysis produced more significant factors associated with MPC infection, including increased age.
The MPC was their home base and office as they worked around the clock to deliver Games stories to the world.
MPC Logistics, which moved its headquarters to Coventry this year, provides complete logistics solutions to organisations across the UK, supplying secure storage and distribution facilities.
Exactly how well the MPC concept will be accepted will take time to see, says Donald Low, head of the Department of Microbiology at the University of Toronto.
These notes are senior, unsecured obligations of MPC.