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.
0
0
Improve it
- 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
Industry/Domain: Art history Category: Visual arts
биста
A sculpted or painted portrait that comprises the head, shoulders and upper arms of the subject.
Contributor
Featured blossaries
rufaro9102
0
Terms
41
Blossaries
4
Followers
British Billionaires Who Never Went To University
Category: Business 4 6 Terms
Browers Terms By Category
- Aeronautics(5992)
- Air traffic control(1257)
- Airport(1242)
- Aircraft(949)
- Aircraft maintenance(888)
- Powerplant(616)
Aviation(12294) Terms
- Rice science(2869)
- Genetic engineering(2618)
- General agriculture(2596)
- Agricultural programs & laws(1482)
- Animal feed(538)
- Dairy science(179)
Agriculture(10727) Terms
- Gardening(1753)
- Outdoor decorations(23)
- Patio & lawn(6)
- Gardening devices(6)
- BBQ(1)
- Gardening supplies(1)
Garden(1790) Terms
- Algorithms & data structures(1125)
- Cryptography(11)
Computer science(1136) Terms
- Christmas(52)
- Easter(33)
- Spring festival(22)
- Thanksgiving(15)
- Spanish festivals(11)
- Halloween(3)