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2.2.2 Consumption (C)

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Question 26

Following an expansionary fiscal policy that increases household disposable income, economists closely monitor consumer response.

Define the term 'marginal propensity to consume' (MPC).

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Markscheme

2.2.2 Consumption (C) Questions

  1. A Level
  2. /Economics
  3. /2.2.2 Consumption (C)

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.

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