A total consumption budget means that all the money is spent on planned needs, and there is none left over as discretionary income.
With a total consumption budget, there is no net income or savings.
With a total consumption budget, there is no net income or savings.
With a total consumption budget, there is no net income or savings.
A total consumption budget means that all the money is spent on planned needs, and there is none left over as discretionary income.
Total income spent on the consumption of goods and services.
to ensure that you do not have a total consumption budget, which two categories should be added to your budget?
savings and miscellaneous
savings and miscellaneous
there is no discretionary income
Review your budget and make adjustments so that you can add savings and miscellaneous categories to the budget.
it is designed to reach short-term goals
A price consumption lines show a consumer's demand for a good or service after price changes. It is draw through the equilibrium of an indifference curve and the budget line