Read: Marginal Propensity to Consume – Investopedia

Chappelow,Jim. 2020. “Marginal Propensity to Consume (MPC)” Investopedia. https://www.investopedia.com/terms/m/marginalpropensitytoconsume.asp

There is a video embedded in this link. You can either read the article or watch the video. You do not need to do both (but, of course, may do so if you wish).

Optional Resources – Economic Theory

Here is a set of links for you if you would like to read more about the history of economic thought or economic theories (and their APA citations).

Exploring Economics  

(website also available in Spanish, German, and French)

Network for Pluralist Economics (Netzwerk Plurale Ökonomik e.V. (NPE)). (n.d.) Exploring Economics. https://www.exploring-economics.org/en/

History of Economic Thought Website

Fonseca, Gonçalo. (n.d.) History of Economic Thought. http://www.hetwebsite.net/het/