Economy, asked by trolltz123, 2 months ago

briefly explain consumption function​

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Answered by komaldhoke40
1

Answer:

Consumption function, in economics, the relationship between consumer spending and the various factors determining it. At the household or family level, these factors may include income, wealth, expectations about the level and riskiness of future income or wealth, interest rates, age, education, and family size.

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Answered by bhumikadubey
1

Answer:

Consumption function, in economics, the relationship between consumer spending and the various factors determining it. At the household or family level, these factors may include income, wealth, expectations about the level and riskiness of future income or wealth, interest rates, age, education, and family size

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