ECONOMICS
CONSUMERS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Average Proportion to Consume
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Average Propensity to Consume
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Alternate Propensity to Consumption
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Average Propensity of Consumers
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Detailed explanation-1: -What Is Average Propensity to Consume? Average propensity to consume (APC) measures the percentage of income that is spent rather than saved. This may be calculated by a single individual who wants to know where the money is going or by an economist who wants to track the spending and saving habits of an entire nation.
Detailed explanation-2: -Definition of Average Propensity To Consume The average propensity to consume (APC) measures what percentage of after-tax or disposable income a household uses to buy goods and services. This amount is the ratio of the total money spent over any given period of time to the disposable income earned during that time.
Detailed explanation-3: -The average propensity to consume (APC) is the ratio of consumption expenditures (C) to disposable income (DI), or APC = C / DI.
Detailed explanation-4: -A type of immune cell that boosts immune responses by showing antigens on its surface to other cells of the immune system. An APC is a type of phagocyte. Also called antigen-presenting cell.
Detailed explanation-5: -Average propensity to consume= Consumption/ Income. Was this answer helpful?