The difference between consumption and consumption function is that the consumption function is a formula that measures consumer spending.
its consumption by one person does not reduce its consumption by others.
Consumption of a good by one person decreases consumption by another person.
if gdp is 719.1 and consumption is 443.8, how do i compute consumption as a percentage of gdp?
They are : desired spending, autonomous consumption,induced consumption and desired private consumption.
The difference between consumption and consumption function is that the consumption function is a formula that measures consumer spending.
its consumption by one person does not reduce its consumption by others.
you have not specified consumption of what?
consumption is a mammal or animal
Consumption of a good by one person decreases consumption by another person.
Autonomous consumption is the part of consumption that is independent of (does not depend on) the level of disposable income. Changes in autonomous consumption shift the consumption function.
if gdp is 719.1 and consumption is 443.8, how do i compute consumption as a percentage of gdp?
When taxes decrease, consumption
consumption
The consumption was not good
They are : desired spending, autonomous consumption,induced consumption and desired private consumption.
consumption is that money who you consume on any thing and the consumption function is that relation who tell you the consuming level on your every money income level.