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The rate of increase in ex-ante consumption due to a unit increment in income is called _________?

Amarginal propensity to consume

Baverage propensity to save

Caverage propensity to consume

Dmarginal propensity to save

Answer:

A. marginal propensity to consume

Read Explanation:

Marginal propensity to consume (MPC) is the ratio of change in consumption to change in income, indicating the proportion of additional income spent on consumption

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