The proportion between incremental income and incremental consumption is called:

Related MCQs

• The proportion between total income and total consumption is called:
• The proportion between total income and total saving is called:
• As income increases consumption also increases, but:
• Consumption of capital good in the process of production is called as:
• The variable cost of a firm vary in direct proportion to the
• Production and consumption takes place simultaneously in the case of
• Net factor income from abroad shows the difference between:
• Value of output minus intermediate consumption is:
• Consumption expenditure directly varies with:
• The functional relationship between inputs and outputs is called