Class notes
Consumption Sector Of The GDP - Basic Economic Lecture Notes
- Institution
- Florida Institute Of Technology
This set of class notes tackles the first of the four sectors of GDP, the consumption sector. Topics covered in this include; consumption function, savings, Average Propensity to Consume (APC), Average Propensity To Save (APS), Marginal Propensity to Consume (MPC), Marginal Propensity To Save (MPS)...
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