propensity-to-consume schedule - translation to russian
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propensity-to-consume schedule - translation to russian

THE PROPORTION OF INCOME SPENT
Average Propensity to Consume

propensity-to-consume schedule      
график склонности к потреблению
marginal propensity to save         
  • The savings function
FRACTION OF INCOME INCREASE THAT IS SAVED
Propensity To Save; Propensity to save; Marginal Propensity to Save
предельная склонность к сбережению; предельная доля сбережений в доходе
propensity to save         
  • The savings function
FRACTION OF INCOME INCREASE THAT IS SAVED
Propensity To Save; Propensity to save; Marginal Propensity to Save
склонность к сбережению; доля сбережений в доходе

Definition

Операционный усилитель

в аналоговой вычислительной технике, Решающий усилитель без цепей обратной связи.

Wikipedia

Average propensity to consume

Average propensity to consume (as well as the marginal propensity to consume) is a concept developed by John Maynard Keynes to analyze the consumption function, which is a formula where total consumption expenditures (C) of a household consist of autonomous consumption (Ca) and income (Y) (or disposable income (Yd)) multiplied by marginal propensity to consume (c1 or MPC). According to Keynes, the individual´s real income determines saving and consumption decisions.

Consumption function: C = C a + c Y {\displaystyle C={C_{a}}+cY}

The average propensity to consume is referred to as the percentage of income spent on goods and services. It is the proportion of income that is consumed and it is calculated by dividing total consumption expenditure (C) by total income (Y):

A P C = C Y = C a Y + c {\displaystyle APC={\frac {C}{Y}}={\frac {C_{a}}{Y}}+c}

It can be also explained as spending on every monetary unit of income.

Moreover Keynes´s theory claims that wealthier people spend less of their income on consumption than less wealthy people. This is caused by autonomous consumption as everyone needs to eat and get dressed, so they buy a certain amount of food and clothes or pay rent, they all spend some amount of money on these necessities. So the ratio is falling with higher income and wealth. This is why it seems like the poor consume more than the rich. But they only need to spent larger amount of their income on consumption because they have less money available.

Average propensity to consume is not as significant as the marginal propensity to consume (MPC) which represents an additional change in consumer spending as a result of an additional change in household income per monetary unit and it is calculated as derivative of consumption function with respect to income (ratio of change in consumption to change in income). It is used for calculating multiplier in aggregate expenditures model.

What is the Russian for propensity-to-consume schedule? Translation of &#39propensity-to-consume sch