answersLogoWhite

0

the expenditure by households on consumption goods and services. eg, housing fees and transpotation.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

How do you calculate household consumption expenditure?

To calculate household consumption expenditure, make a list of what has been spent for household use. Next, average that out and there is your expenditure amount.


What is the largest expenditure component of GDP?

consumption


What is national expenditure?

It is the total expenditure for all kinds within the economy that is public and private. The national expenditure =Consumption+Investment+government purchases.


The consumption function relates the consumption expenditure decisions of households?

to the level of disposible income


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.


How do you calculate ndp?

consumption +government expenditure+investments+exports-imports-deprecation


What are the factor affecting aggregate Demand?

Consumption, Investment, Government Expenditure and Net Exports


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 was lesotho's personal consumption expenditure in 1960?

In 1960, Lesotho's personal consumption expenditure was approximately 68.4 million Maloti. This figure reflects the economic conditions of the time and the spending habits of the population. Personal consumption expenditure is a key indicator of economic health, highlighting the level of consumer spending in the country. However, detailed historical data might be limited due to the lack of comprehensive economic records from that period.


What is the synonym for consumption?

using up, use, loss, waste, expenditure, exhaustion, depletion, dissipation


What dose economy mean?

thrifty management; frugality in the expenditure or consumption of money, materials, etc.


Which is included in the expenditures approach to GDP?

Consumption + Gross Investment + Government Expenditure + (Exports - Imports)