限げん界かい消しょう費ひ性せい向こう

noun

marginal propensity to consume

Economics term for the proportion of additional income that is spent on consumption.

• 限げん界かい消しょう費ひ性せい向こうが高たかいほど、所しょ得とくの増ぞう加かが消しょう費ひに回まわりやすい。

  The higher the marginal propensity to consume, the more likely an increase in income will go toward consumption.