Home > Terms > Serbian (SR) > склоност
склоност
Economics abounds with propensities to do various things: consume, save, invest, import, and so on. In each case, it is important to distinguish between the average propensity and the marginal one. The average propensity to consume is simply total consumption divided by total income. The marginal propensity to consume measures how much of each extra dollar of income is consumed: the percentage change in consumption divided by the percentage change in income. The value of the marginal propensity to consume, which determines the multiplier, is harder to predict than the value of the average propensity to consume.
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy
- Category: Economics
- Company: The Economist
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Дизни у Кини(Disney in China)
Дизни је најавио да ће своје познате филмове пренети на кинеско кабловско тржиште. Према овоме, Дизни филмови, и нови и класични, биће приказивани на ...
Contributor
Featured blossaries
stanley soerianto
0
Terms
107
Blossaries
6
Followers
The Best Smartphones of 2014
Browers Terms By Category
- Misc restaurant(209)
- Culinary(115)
- Fine dining(63)
- Diners(23)
- Coffehouses(19)
- Cafeterias(12)
Restaurants(470) Terms
- Wine bottles(1)
- Soft drink bottles(1)
- Beer bottles(1)
Glass packaging(3) Terms
- General Finance(7677)
- Funds(1299)
- Commodity exchange(874)
- Private equity(515)
- Accountancy(421)
- Real estate investment(192)