Economy, asked by intelligent6487, 2 months ago

Explain the relationship between consumption production and investment

Answers

Answered by prabhpreet60
1

Answer:

Consumption is the flow of households' spending o goods and services which yield utility in the current period. Saving is that part of disposable income which is not spent. Investment is firms 'spending on goods which are not for current consumption but which yield a flow of consumer goods and services in the future.

Explanation:

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