Economy, asked by andiswabera, 2 months ago

critically discuss and evaluate the consumption function include in your answer the main factors that affect consumption

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Answered by arjun8114
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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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