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
Неореализам
Италијанска филмска школа, која се јавља по завршетку 2. Светског рата. Карактеристике филмске школе су приче о радничкој класи и сиротињи. Филмови су ...
Contributor
Featured blossaries
tim.zhaotianqi
0
Terms
40
Blossaries
4
Followers
semi-automatic espresso machine
HOSEOKNAM
0
Terms
42
Blossaries
11
Followers
Wind energy company of China
Browers Terms By Category
- Hats & caps(21)
- Scarves(8)
- Gloves & mittens(8)
- Hair accessories(6)
Fashion accessories(43) Terms
- General Finance(7677)
- Funds(1299)
- Commodity exchange(874)
- Private equity(515)
- Accountancy(421)
- Real estate investment(192)
Financial services(11765) Terms
- Air conditioners(327)
- Water heaters(114)
- Washing machines & dryers(69)
- Vacuum cleaners(64)
- Coffee makers(41)
- Cooking appliances(5)
Household appliances(624) Terms
- Meteorology(9063)
- General weather(899)
- Atmospheric chemistry(558)
- Wind(46)
- Clouds(40)
- Storms(37)
Weather(10671) Terms
- Natural gas(4949)
- Coal(2541)
- Petrol(2335)
- Energy efficiency(1411)
- Nuclear energy(565)
- Energy trade(526)