English, asked by rushiparekh57, 1 month ago

consumption us a function of​

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Answered by krishnayya3
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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