The proportion of disposable income which individuals spend on consumption is known as propensity to consume. In economics, the marginal propensity to consume ( MPC) is a metric that quantifies induced consumption, the concept that the increase in personal consumer spending ( consumption) occurs with an increase in disposable income (income after taxes and transfers). ( August 2013) ( Learn how and when to remove this template message) Please help to improve this article by introducing more precise citations. This article includes a list of general references, but it remains largely unverified because it lacks sufficient corresponding inline citations.
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