A. amount by which disposable income increases when consumption increases by $1.
B. amount by which consumption increases when disposable income increases by $1.
C. percentage by which consumption increases when disposable income increases by 1 percent.
D. percentage by which disposable income increases when consumption increases by 1 percent.
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Home » Business » The marginal propensity to consume (mpc) is the: A. amount by which disposable income increases when consumption increases by $1. B. amount by which consumption increases when disposable income increases by $1. C.