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Term Of The Hour

marginal propensity consume: Original post by C. Taylor of Demand Media Marginal Propensity to Consume (MPC) describes how much of any additional income you use for purchases, rather than placing in savings. It is a reflection of your spending behavior when offered money beyond your normally budgeted amount. As an example, you might be quite shrewd with your $800 per week paycheck and save half of it, but what if you were…

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