The function relating aggregate consumption to aggregate income and sometimes other variables such as wealth.
Related information about consumption function:
- Consumption function - Wikipedia, the free encyclopedia
In economics, the consumption function is a single mathematical function used to express consumer spending. It was developed by John Maynard Keynes and ...
- Consumption Function Definition | Investopedia
The consumption function is a mathematical formula laid out by famed economist John Maynard Keynes. The formula was designed to show the relationship ...
- Keynesian consumption function - YouTube
Jun 8, 2010 ... Market Failure - Negative Externalities of Consumptionby welkerjason8,686 views; Keynesian consumption function 4:06. Watch Later ...
- consumption function (economics) -- Britannica Online Encyclopedia
In economics, the relationship between consumer spending and the various factors determining it. At the household or family level, these factors may include ...
- A Theory of the Consumption Function
A Theory of the Consumption Function. Milton Friedman. Published in 1957 by Princeton University Press. Order from Amazon.com 0259 pages ...
- consumption function - AmosWEB
A mathematical relation between consumption and income by the household sector. The consumption function can be stated as an equation, usually a simple ...
- Consumption function: Definition from Answers.com
Mathematical relationship between level of consumption and level of income. It shows that consumption is greatly influenced by income.
- A Theory of the Consumption Function, With and - Economics ...
JEP Final Draft. A Theory of the Consumption Function,. With and Without Liquidity Constraints. Christopher D. Carroll. May 18, 2001. Keywords: consumption ...