词汇 | example_english_current-consumption |
释义 | current consumptioncollocation in Englishmeanings of currentand consumptionThese words are often used together. Click on the links below to explore the meanings. Or, see other collocations with consumption. current adjective uk /ˈkʌr.ənt/ us /ˈkɝː.ənt/ of the ... See more at current consumption noun[U] uk /kənˈsʌmp.ʃən/ us /kənˈsʌmp.ʃən/ the amount used ... See more at consumption Examples of current consumptionThese 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. The decrease in lifetime income implies a higher decrease in currentconsumption. He receives labor and capital incomes and allocates them to currentconsumption and savings. Higher match rates make future consumption streams more affordable and therefore tend to increase currentconsumption. These go to building wealth and currentconsumption. Consequently, the opportunity cost of currentconsumption is low, and there is little incentive either to become skilled or to accumulate capital. This leads every individual to increase currentconsumption. They place a high premium on currentconsumption and wish to enjoy themselves before they take on the financial responsibilities associated with middle age. A higher interest rate means a higher price for currentconsumption (the substitution effect), which encourages nonprecautionary saving and results in a lower propensity. The question then becomes one of tradeoffs between currentconsumption and the risk of future decreased effectiveness. When examining currentconsumption practices of the upwardlymobile, several historical facts need to be kept in mind. In this model economy, individuals cannot anticipate future incomes-labor income or social security benefits-for currentconsumption by accumulating negative net assets. In addition to a hedge on currentconsumption, housing value insurance could serve as a hedge on future consumption. A persistent positive shock to the marginal utility of currentconsumption increases households' willingness to work and their demand for currentconsumption. The increases in the real interest-rate decrease the currentconsumption demand, which decreases output and the inflation rate. On impact, the rate of interest rises, making currentconsumption less attractive compared to future consumption. When u is large, the return on capital, and thus the opportunity cost of currentconsumption, is low. Consequently, the resulting difference between economic growth and the marginal rate of substitution between future and currentconsumption would be large. 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. Want to learn more? Go to the definition of current Go to the definition of consumption See other collocations with consumption |
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