Talk:Average propensity to consume
Latest comment: 6 years ago by Sami Sofi in topic Percentage error
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QUESTION
editWhat happen when the Average Propensity to consume increase?
- An increase in the APC(Average propensity to Consume) shows that there is an increase in the proportion of expenditure in relation to the increase in the income of the consumer. The APC usually falls with an increase in income, as with an increase in income the consumer will have to a spend lesser fraction of his income to satisfy his basic needs. Gergami (talk) 19:04, 16 September 2016 (UTC)
Percentage error
editI'm not an economist, so I didn't edit; but dividing consumption by income doesn't give you a percentage, it gives you a fraction. Which is it supposed to be? Paul Magnussen (talk) 18:43, 11 September 2011 (UTC)
Fixed
Then multiply with 100 ,that's it
Sami Sofi (talk) 11:44, 28 August 2017 (UTC)