Factors determining consumption function Broadly speaking, there are two factors, which influence consumption function in the long run. They are 1. Subjective Factors.2. Objective factors. 1. Subjective factors:Subjective factors basically underlie and determine the form of the consumption; the subjective factors are internal or endogenous in nature. They mainly depend upon the personal decisions taken by the people. Keynes has listed eight main motives, which compel people to refrain from current spending. They are the motives of precaution, foresight, calculation, improvement, independence, enterprise, pride and avarice. In addition to these factors, he has also added a list of motives, which leads to consumption. "We could also draw up a corresponding list of motives to consumption such as enjoyment, short sightedness, generosity, miscalculation, ostentation and extravagance" Keynes. II. Objective factors Objective factors are those, which depends on merits and facts. In this case personal factors will not come into picture. The following are some of the important objective factors, which influence consumption. 1. Distribution of national income, 2. Fiscal Policy, 3. Money income, 4. Real income, 5. Price and wage level, 6.Changes in tastes and fashion, 7. Changes in expectations, 8. Windfall (Sudden) gains and losses, 9. The level of consumer Indebtedness, 10.Attitude towards thrift 11.Liquid assets, 12. Social and life insurances, 13. Rate of interest, 14. Business policies of corporations, 15 demonstration effect, 16. Changes in expectations, and 17 Installment buying, etc. The objective factors generally remain unchanged in the short period. Thus, propensity to consume in the short period is generally stable. It is because of this, Keynes places his reliance on investment for the purpose of increasing employment during depression.
That'll be any factors that influence the components of the Aggregate Demand (Consumption + Investment + Government spending + Net exports). Any factors that influence each and every component of AD will affect economic growth (through the multiplier process).
There are many economic factors influencing educational planning. One factor is whether or not people can afford to send their children to private schools before college.
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The factors influencing the business policy of a firm are the items written into the mission statement for the firm. A mission statement is a guide for the firm listing their goals and the way they want to conduct business.
Among factors influencing market attractiveness are: high market growth potential, low political risk, favorable attitudes to foreign investment, and favorable competitive environment
Factors influencing consumption expenditure include income levels, consumer confidence, interest rates, inflation, and cultural factors. Changes in any of these factors can affect consumer spending patterns and overall consumption levels in the economy.
Some factors influencing curriculum include educational goals and objectives, societal needs and values, student interests and abilities, available resources, and advancements in technology and pedagogy. Curriculum development is a dynamic process that must adapt to changing educational trends and meet the diverse needs of learners in a particular context. Collaboration among educators, administrators, parents, and community stakeholders is essential for creating a relevant and effective curriculum.
There are three factors influencing register they are: field, mode and tenor.
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interest rates value of equity markets commodity prices employment rate exchange value of local currency
External factors influencing foreign policy in Zimbabwe include international alliances, global economic conditions, and regional stability. Internally, factors such as domestic politics, public opinion, and economic challenges can also impact foreign policy decisions.
identify factors influencing a microorganism's capability to produce an infection process
That'll be any factors that influence the components of the Aggregate Demand (Consumption + Investment + Government spending + Net exports). Any factors that influence each and every component of AD will affect economic growth (through the multiplier process).
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There can be plenty of factors influencing policy making in a country. Some are: geographical factors. socio-economic factors. multiculturalism. plurality of the country. castesim. class differences. poverty and backwardness.
· Factors affecting ward management
Is there anything that doesn't?