The main factors that drive the marginal propensity to consume (MPC) are the availability of credit, taxation levels, and consumer confidence. According to Keynesian economic theory, the ...

The marginal propensity to consume (MPC), or the ratio of the change in aggregate consumption compared to the change in aggregate income, is a key component of Keynesian macroeconomic theory.

Compared with pre-COVID estimates, the marginal propensity to consume out of housing wealth is substantially higher, which, together with large gains in housing prices, made the wealth effect a key ...

If you look at the marginal propensity to consume you would probably see a 20-30 basis points impact on consumer spending." According to D K Joshi, chief economist at Crisil, every time the rupee ...

Also Read: Despite RBI's rate cut, spurring GDP growth is an uphill task The positive impact of higher individual spending on GDP growth can be measured through the marginal propensity to consume ...

It used the marginal propensity to consume (MPC) and input-output framework to calculate the impact. The MPC measures the proportion of additional income that a consumer spends on goods and ...