Which of the following is most likely to result from a sustained increase in household wealth arising from a buoyant housing market? An increase in the:
marginal propensity to save (MPSMPSMPS)
average propensity to consume (APCAPCAPC)
marginal propensity to tax (MPTMPTMPT)
household savings ratio
40 exam-style questions on Edexcel A A Level Economics 2.2.2 Consumption (C). Each one has a worked solution and a mark scheme showing where the marks go.