The Marginal Propensity to Consume Is Best Defined as

Question 72
Multiple Choice

The marginal propensity to consume is best defined as A) the change in consumption expenditure caused by an increase in the interest rate. B) the change in consumption expenditure caused by a one-unit increase in income. C) the change in real GDP caused by a change in consumption expenditure. D) the change in consumption expenditure caused by a change in some other spending category. E) total consumption divided by total income.