Define consumption and consumption function?
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The consumption function or propensity to consume refers to income consumption relationship. It is a “functional relationship between two aggregates, i.e., total consumption and gross national income.”☺️☺️☺️☺️
Answered by
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consumption: this is using or taking in hand of any particular material, object ,work or any useful edible item is called as consumption
consumption function: to take in group and usage
mainly this is done in our body such as our stomach consuming
and in other hand it is used in markets
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