|Definition||:||Marginal Propensity to Consume|
|Category||:||Business » Business Terms|
What does MPC mean?
Marginal Propensity to Consume (MPC) is a metric that measures the proportion of additional income the consumers are willing to spend on the consumption of goods and services rather than saving it.
MPC is used to study people's consumption rates when there is a shift in income.
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Frequently Asked Questions (FAQ)
What is the full form of MPC in Macroeconomics?
The full form of MPC is Marginal Propensity to Consume
What are the full forms of MPC in Business?
Monetary Policy Committee | Monetary Policy Committee | Marginal Propensity to Consume | Moving Picture Company | Marginal Private Cost | Model Products Corporation | Most Placeable Candidate | Mai-Liao Power Corporation
What are the full forms of MPC in Worldwide?
Model Predictive Control | Megaparsec | Marginal Propensity to Consume | Media Player Classic | Minor Planet Center | Musepack | Multi-Party Computation | Milk Protein Concentrate | Moving Picture Company | Multimedia PC | Minor Planet Circulars | Music Production Center | Marginal Private Cost | Metal Phthalocyanine | Mitochondrial Pyruvate Carrier | Multi-Purpose Canine | Massively Parallel Computing | Multi-Project Chip | Maths, Physics, and Chemistry | Media PC | Most Placeable Candidate | music player command | Magnetic Powder Clutch