noun
average propensity to consume
Economics term: the proportion of income that is spent on consumption on average. Often abbreviated as APC.
平均消費性向は、所得に対する消費支出の割合を示す。
The average propensity to consume indicates the ratio of consumption expenditure to income.
Marginal propensity to consume (MPC): the change in consumption from an additional unit of income, whereas 平均消費性向 is the average ratio.
Compound of 平均 (average), 消費 (consumption), and 性向 (propensity). A direct translation of the English economics term 'average propensity to consume'.