0
Factor one: COMPULSIVE SPENDING HABIT Factor two: LACK OF DISCIPLINE Factor three: EASLY ACCESSIBLE SPENDING MONEY
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What factors does GDP take into account?
consumption, investment, government spending, net exports
According to keynes which of these factors determined the income of the people?
Consumption, Investment, and Government spending
What are the factors that would affect the aggregate demand?
Consumption, investment, government spending, net exports, and aggregate expenditures.
What Household spending on goods and services known as?
consumption spending
Meaning of autonomous consumption spending?
It is the part of consumption that does not depend on income.
What factors does GDP take into account?
consumption, investment, government spending, net exports
According to keynes which of these factors determined the income of the people?
Consumption, Investment, and Government spending
What are the factors influencing consumption expenditure?
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.
What are the factors that would affect the aggregate demand?
Consumption, investment, government spending, net exports, and aggregate expenditures.
What is Total consumption spending comprised of?
Total consumption spending is comprised of durable goods, non-durable goods, and services. Total consumption spending is a major economic factor in the US economy.
What Household spending on goods and services known as?
consumption spending
Meaning of autonomous consumption spending?
It is the part of consumption that does not depend on income.
Different between consumption and consumption function?
The difference between consumption and consumption function is that the consumption function is a formula that measures consumer spending.
What is the largest spending component of GDP?
Consumption is largest spending components of GDP.It consists of private(household final consumption expenditure) in the economy.
What are the four determinants of aggregate demand?
They are : desired spending, autonomous consumption,induced consumption and desired private consumption.
What is the largest component of GDP spending in us?
consumption
Is government spending a larger fraction of GDP than consumption?
Consumption is the largest part of GDP.
