Average propensity to consume

Average propensity to consume,

Definition of Average propensity to consume:

  1. The average propensity to consume (APC) measures the percentage of income that is spent rather than saved. This may be calculated by a single individual who wants to know where the money is going or by an economist who wants to track the spending and saving habits of an entire nation.

  2. In either case, the propensity to consume can be determined by dividing average household consumption, or spending, by average household income, or earnings.

  3. Fraction or percentage of disposable (after tax) personal income spent for consumer goods. It generally varies with the level of income.

How to use Average propensity to consume in a sentence?

  1. The percentage of (after-tax) income saved is the propensity to save.
  2. The percentage of income spent is the propensity to consume.
  3. Income, whether individual or national, must be either spent or saved.

Meaning of Average propensity to consume & Average propensity to consume Definition

Average Propensity To Consume,

Average Propensity To Consume: What is the Meaning of Average Propensity To Consume?

  • The Average Ratio (APC) measures the percentage of income that is spent and not saved. It can be calculated by a single person who wants to know where the money is going or an economy that wants to find out the spending and saving habits of the whole nation.

    • Both individual and national income must be spent or saved.
    • Percentage of income spent.
    • The percentage of income saved (after tax) is equal to the percentage of savings.

Literal Meanings of Average Propensity To Consume

Average:

Meanings of Average:
  1. Earn or reach an average rate or value over a period of time.

  2. A number that represents the central or general value in a dataset, specifically the mode, median, or (more commonly) average value, which is calculated by dividing the number of values ​​in the dataset by their number.

  3. Transfer of financial responsibility for damage or financial loss to the ship or its cargo.

  4. Find the result by adding some quantity and dividing that number by the amount of quantity.

Sentences of Average
  1. 2.4% average annual inflation

  2. Household prices are twice the national average

  3. Special average means partial loss or damage to a ship, cargo or goods.

  4. The average temperature in May is 64 ° F

Synonyms of Average

midpoint, median, medial, middle, centre, mode, mean

Propensity:

Meanings of Propensity:
  1. A natural inclination or victim of a particular behavior.

Sentences of Propensity
  1. Violent tendencies

Synonyms of Propensity

predisposition, liability, tendency, readiness, proclivity, disposition, proneness, susceptibility, inclination

To:

Meanings of To:
  1. Towards Express Movement

  2. Proximity or limit (certain conditions)

  3. Identify the person or thing in question.

  4. It shows that two things are connected.

  5. Anxious or potentially annoying (some in particular no summary)

  6. It is used with the basic form of the verb to indicate that the verb is ineffective.

  7. When the absent verb is considered clear, it is used without following the verb.

Sentences of To
  1. Going out in the mall

  2. Christopher's expression turned from surprise to joy.

  3. You are very moderate about it

  4. Married cousin John

  5. He left his motorcycle tied to the fence

  6. This is nothing compared to before

  7. He threw the door behind him

  8. He told her to come, but he said he didn't want to

Synonyms of To

so as to near, to, secured, so as to approach, firmly fixed, in the direction of, fastened, toward, secure, tight

Consume:

Meanings of Consume:
  1. Eating, drinking or swallowing (eating and drinking)

Sentences of Consume
  1. People eat a lot of sugar in drinks

Synonyms of Consume

gobble up, eat, ingest, wolf down, gorge oneself on, eat up, gobble, swallow, devour, feast on

Average Propensity To Consume,

What is The Definition of Average Propensity To Consume?

  • Average Propensity To Consume definition is: The average speed of use (APC) estimates the percentage of revenue that is spent and not saved. This can be calculated by an individual who wants to know where the money is going or an economist who wants to track the expenses and savings of the whole country.

    • Income, both individual and national, must be spent or saved.
    • There is a tendency to use a percentage of the income spent.
    • The percentage of income saved (after tax) is equal to the savings trend.

Literal Meanings of Average Propensity To Consume

Average:

Meanings of Average:
  1. A number that represents the central or specific value of a dataset, specifically the mode, median, or (often) mean value, which is calculated by dividing the values ​​in the dataset by their amount.

  2. Transfer of financial responsibility for damage or loss to the ship or its cargo.

  3. It adds some quantity to form the result and then divides that number by the sum of the quantities.

  4. Amount during total or average level obtained or average period.

Sentences of Average
  1. The proportion of people over the age of 60 is 19% higher than the EU average

  2. May's average temperature is 4 ° C below normal.

Synonyms of Average

standard, par, rule, the general run, norm

Propensity:

Meanings of Propensity:
  1. Natural inclination or tendency to a certain behavior.

Sentences of Propensity
  1. Your consent to use violence.

Synonyms of Propensity

bent, leaning, penchant, weakness, habit, aptness, predilection

To:

Meanings of To:
  1. Indicates movement towards (a specific place).

  2. Perspective or scope (special terms)

  3. Identify the person or thing in question or accept something.

  4. Recognize the special relationship between one person and another.

  5. Indicates that two things are connected or related to each other.

  6. Related to or possibly related to (something).

  7. The second element in the competition is used to introduce.

  8. Account kept before debit entry.

  9. Used with the root form of the verb to indicate that the verb is infinite.

  10. Used without following the verb when the missing verb is clearly understood.

  11. So close or almost closed

Sentences of To
  1. go shopping

  2. You're too bad for that

  3. He is with his cousin Emma. married

  4. He tied his dog under the drain

  5. There was no club

  6. He asked her to come, but she said he did not want to come.

Consume:

Meanings of Consume:
  1. Eating, drinking or swallowing (eating or drinking).

  2. Buy (goods or services)

  3. Filling one's mind completely (with emotions).

Sentences of Consume
  1. People use a lot of sugar in drinks.

  2. Accounting provides metrics for used assets and services.

  3. Caroline is guilty.

Synonyms of Consume

scoff (down), obsess, overwhelming, cram in, dominating, engrossing, take, besetting, gorb, preoccupying, gollop, raging, polish off, tuck into, sup, burning, snarf (down/up), ingurgitate, stuff one's face with, overwhelm, dominate, stuff down

Average Propensity To Consume,

What Does Average Propensity To Consume Mean?

  1. Average Propensity To Consume refers to Will Canton specializes in investment and business legislation and regulation. Prior to that, he was a senior author at Investopedia and Kapitall Wire, and earned an MA and PhD in Economics from the New School for Social Research. Doctor of Philosophy of English Literature from NYU.

    • Income, both individual and national, must be spent or saved.
    • There is a tendency to use a percentage of the income spent.
    • The percentage of saved income (after tax) corresponds to the tendency to save.

Literal Meanings of Average Propensity To Consume

Average:

Meanings of Average:
  1. A number that represents the central or specific value of a dataset, specifically the mode, median, or (often) average value, calculated by dividing the number of values ​​in the dataset by their sum.

  2. It makes a result by adding some quantity and then dividing that number by the sum of the quantities.

  3. Total or earned average level or as an amount over an average period of time.

Sentences of Average
  1. The proportion of people over the age of 60 is higher than the EU average of 19%

  2. The average temperature in May is 4 degrees Celsius below normal.

Propensity:

Meanings of Propensity:
  1. A natural inclination or tendency to a certain behavior.

To:

Meanings of To:
  1. Perspective or scope (special circumstances).

  2. Debt is taken into account before entry.

  3. Used to indicate with the root form of the verb that the verb is infinite.

  4. So off or almost off.

Sentences of To
  1. Go to stores

  2. You are very rude to him.

Consume:

Meanings of Consume:
  1. Filling one's mind completely (with feelings).

Synonyms of Consume

enthral, get one's laughing gear round, powerful, gulp (down), neck, guzzle, fervid, kill, imbibe, compulsive, grip, scarf (down/up), profound, ardent, compelling, obsessive, munch, graze on, all-consuming, monopolize, put away, gripping, drink up, dispose of, absorbing