Marginal propensity to consume (MPC)'s Full Profile
If you earn a $1, you might spend some fraction of it. This can then be income for someone else. This can keep going. In this tutorial, we'll explore how the incremental spend per incremental earnings (marginal propensity to consume) and the multiplier effect based on it can drive economic activity.
Days of the Week:
Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday
- Level of Difficulty: Beginner
- Size: One-on-One
- Instructor: Sal Khan
- Cost: Free
- Institution: Khan Academy
- Topics: Finance, Economics
About Khan Academy:
Khan Academy is an organization on a mission. Khan Academy is a not-for-profit with the goal of changing education for the better by providing a free world-class education for anyone anywhere.
Khan Academy Offers Courses In:
Social Science, Business
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