Marginal Propensity To Consume Calculator

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Posted by Dinesh on

This calculator calculates the marginal propensity to consume using old income, new income, old consumption, new consumption values.

Marginal Propensity To Consume Calculation

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Formula:

MPC = ΔC / ΔY
ΔC = New Consumption - Old Consumption
ΔY = New Income - Old Income

Where,
ΔC = Change in Consumption
ΔY = Change in Income
MPC = Marginal Propensity to Consume
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