| Year | Marginal propensity to consume (mpc) |
|---|---|
| 2018 | 0.88 |
| 2019 | 0.85 |
| 2020 | 0.81 |
| 2021 | 0.76 |
| 2022 | 0.72 |
| 2023 | 0.68 |
Explain one possible reason for the changes in the marginal propensity to consume as shown in Table 3.
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.