INTRODUCTION TO ECONOMICS II (İKTİSADA GİRİŞ II) - (İNGİLİZCE) Dersi Determination of National Income soru detayı:

PAYLAŞ:

SORU:

What is consumption function?


CEVAP:

The main factor determining the consumption expenditures to be made in a given period is the income level. Along with the increase in income, the desire and purchasing power of households to make consumption expenditures also increases. This linear and positive relationship between income and consumption expenditures is called consumption function. Consumption function refers to the positive linear relationship between income and consumption expenditures.