Consumption function
From Citizendium - Reading time: 1 min
Consumption function [r]: The relation between consumption and income, and in particular the tendency (other things being equal) for consumption to rise less rapidly than income because of a growing tendency to save (sometimes referred to as a falling marginal propensity to consume) [e]
This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.
Licensed under CC BY-SA 3.0 | Source: https://citizendium.org/wiki/Consumption_function14 views | Status: cached on July 01 2023 02:31:52↧ Download this article as ZWI file
EncycloReader
is supported by the 
KSF