Economics Dictionary of ArgumentsHome
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| Consumption Function - Economics Dictionary of Arguments | |||
| Consumption function: The consumption function describes the relationship between a household's income and its consumer spending. The more income a household has, the more it generally spends. However, it does not spend its entire income, but saves a portion of it. The consumption function is an important component of overall economic demand and is often used in models to explain economic fluctuations. See also Business cycles, Demand._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
| Author | Item | More concepts for author | |
|---|---|---|---|
| Keynesianism | Consumption Function | Keynesianism | |
| Rothbard, Murray N. | Consumption Function | Rothbard, Murray N. | |
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Authors A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Concepts A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Ed. Martin Schulz, access date 2025-07-15 | |||
