| 词汇 | consumption-function |
| 释义 | consumption function noun[ S ] ukus ECONOMICS a way of calculating how the amount of money that people spend on goods and services changes as their income changes: The consumption function says that the amount people spend depends on their income, and that as income increases, so does consumption. Examples of consumption functionconsumption function The hypothesis gave birth to what would become the first formal consumptionfunction. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This lag describes how a consumers change in income and wealth, a change in its consumptionfunction, leads to a delayed change in its consumption. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Economists are particularly interested in the relationship between consumption and income, and therefore in economics the consumptionfunction plays a major role. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. If every individual in the economy plans his consumption in this manner, then the aggregate consumptionfunction will be quite similar to the individual one. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This is probably the most simplistic form of the consumptionfunction. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This increase is due to the positive relationship between consumption and consumers' disposable income in the consumptionfunction. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The graph of the conditional expectation using the consumptionfunction that is implied by the seventh-order approximation is very similar. Further consideration suggests that the older approach of estimating and testing the consumptionfunction may be superior. We usually think of the aggregate consumptionfunction as a relation between consumption on the one hand and income and interest rates on the other. But this is an empirically testable hypothesis that is nested in the consumptionfunction in (5). These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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