The proportion of a small increase in income which will lead to increased consumption expenditure is...........

General Studies (CHSL) Indian Economy

The proportion of a small increase in income which will lead to increased consumption expenditure is known as ________.

This questions was previously asked in

SSC CHSL 31st May 2022 Shift-3

marginal consumption efficiency

marginal propensity to consume

marginal efficiency of income

marginal propensity to save

marginal propensity to consume

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