The Consumption Function
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To make the income-expenditure model more realistic, we will need to introduce other components of demand, including the government and the foreign sector. But first we need to recognize that consumers planned expenditures will depend on their level of income.
Details
- Publication Date
- Jun 5, 2013
- Language
- English
- Category
- Education & Language
- Copyright
- All Rights Reserved - Standard Copyright License
- Contributors
- By (author): Homework Help Classof1
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