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Q: Why is distribution of income considered as determinants of consumption?
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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 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


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.


Income not used for consumption is considered as what?

The income that is not used for consumption is called disposable income


What has the author Philip Musgrove written?

Philip Musgrove has written: 'U.S. household consumption, income, and demographic changes, 1975-2025' -- subject(s): Income, Economic aspects, Consumption (Economics), Population 'Determinants of urban household consumption in Latin America' -- subject(s): Consumption (Economics), Consumers 'Health Economics' 'Public and private roles in health' -- subject(s): Medical care, Finance, Heaven 'The ECIEL study of household income and consumption in urban Latin America' -- subject(s): Consumption (Economics), Income distribution


Non-Income Determinants of Consumption and Saving?

wealth price level rates of interest and taxes expectations for future prices, money income and availability of goods consumer indebtedness


What has the author Alissa Goodman written?

Alissa Goodman has written: 'Permanent differences?' -- subject(s): Consumers, Consumption (Economics), Income distribution, Political aspects, Political aspects of Consumption (Economics), Statistics, Wage differentials 'Inequality in the UK' -- subject(s): Income distribution, Statistics


What has the author Peter J Matlon written?

Peter J. Matlon has written: 'The size, distribution, structure, and determinants of personal income among farmers in the north of Nigeria' -- subject(s): Economic conditions, Farm income


What are the types of income distribution?

Personal income distribution and functional income distribution :)


What are the determinants of income elasticity of demand?

write a note on determinates of income elasticity of demand


What are the non price determinants?

Income, Substitutes, complementary goods, tastes and preferences are some of the non-price determinants of demand.