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Find out about the objective and subjective determinants consumption?

subjective and objective determinants of consumption


What are the objective and subjective determinants of consumption?

Objective determinants of consumption include factors such as income, prices, and interest rates that impact how much individuals can afford to spend. Subjective determinants of consumption involve personal preferences, tastes, and attitudes towards saving and spending that influence consumer behavior. Both types of determinants interact to shape overall consumption levels in an economy.


What are the four determinants of aggregate demand?

They are : desired spending, autonomous consumption,induced consumption and desired private consumption.


Define economies of scale How does this relate to returns to scale Cite and briefly discuss the main determinants of economies of scale?

Cite and briefly discuss the main determinants of economies of scale.


What are the determinants of money demand in an economy?

discuss the determinant of money demand


What are the determinants of induced consumption in Keynesian model of a closed economy with a government sector?

Income and taxes


Name two non-income determinants of Consumption?

There are following non-income determinants 1.wealth 2.Expenditure 3.Investment 4.House-hold debts 5.Interest rate


Identify three demands determinants of tourist generating region. Discuss your answers with possible examples?

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What are the determinants of Consumption?

Incomes and prices are seen as consumption's two major determinants. The determinants are as follows 1) Current disposable income 2) Relative income 3) Life cycle income 4) Wealth 5) Price Level 6) Rate of Interest 7) Expected future income 8) Others: advertisement, social safety-net, availability or scarcity of loan, geographical location, weather etc.


The Equi-Marginal Principle can be applied to both consumption as well as production Discuss this statement with the help of an example?

The Equi-Marginal Principle can be applied to both consumption as well as production Discuss this statement with the help of an example?


What are motivators and determinants?

What is a Motivants and Determinants


What are personal determinants?

There are many determinants of personality. These determinants are largely dependent on the environment that a child grows up in.