Social Sciences, asked by narendrakumar2241, 6 months ago

Importance of consumption in line with production activities

Answers

Answered by bakyashree06
6

Explanation:

The consumption function is of considerable importance for macroeconomic analysis and policy formulation primarily because households' consumption decisions affect the way the economy as a whole behaves — both in the short run and in the long run.

Answered by varshini2727
0

Answer:

Explanation:

The consumption function is of considerable importance for macroeconomic analysis and policy formulation primarily because households' consumption decisions affect the way the economy as a whole behaves — both in the short run and in the long run.

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