Transitory
to the level of disposible income
the level of income
you first have to culculate equilibrium level of income.
level of saving
what determines the optimum consumption of an consumer is their income and their demand for goods and services.
Autonomous consumption is the part of consumption that is independent of (does not depend on) the level of disposable income. Changes in autonomous consumption shift the consumption function.
to the level of disposible income
the level of income
you first have to culculate equilibrium level of income.
consumption is that money who you consume on any thing and the consumption function is that relation who tell you the consuming level on your every money income level.
level of saving
what determines the optimum consumption of an consumer is their income and their demand for goods and services.
Income can affect behavior in various ways. Individuals with higher income may have more disposable income for spending and leisure activities, leading to different consumption patterns. Income can also impact social interactions, psychological well-being, and feelings of self-worth. Overall, income level can influence decision-making, lifestyle choices, and social status.
the function that represents total spending in an economy at a given level of real disposable income.
False. The right answer is ,... the real national income is independent of the level of the money stock
independent variable
Factors such as an increase in disposable income, a decrease in the price of goods and services, changes in consumer preferences towards a particular product, or an increase in consumer confidence can shift the consumption level upward.