Autonomous Consumption - Definition, Formula, Example
Calculating Calculate MPC and APC from the Consumption Function
Calculate intermediate consumption from the following items :
Find consumption expenditure from the following: Autonomous consumption = Rs. 100; Marginal propensity to consume = 0.70; National Income = 1,000.
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:max_bytes(150000):strip_icc()/Marginal-propensity-to-consume-4193236-ecb7990f8dc2429692274122652df5d6.jpg "Marginal Propensity to Consume (MPC) in Economics, With Formula")
Marginal Propensity to Consume (MPC) in Economics, With Formula
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MPC Calculator
