Question #110457

according to the keynesian model,the factors that influence a household's induced consumption are the marginal propensity to consume and...

Expert's answer

The other factor is that influences a households induced consumption is its disposable income, or the greater the level of income. A community's ability yo consume increases with the increase in their earnings and viceversa.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

LATEST TUTORIALS
APPROVED BY CLIENTS