Answer to Question #232798 in Macroeconomics for Ascona

Question #232798

What are the determinants of consumption

Expert's answer

consumption is based on broad aspects determining a product's demand including pattern of income distribution, prices of complements and substitutes, buyer's preference and taste as well as income.

Learn more about our help with Assignments: Macroeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Write brief notes on all the components of the good research proposal; background of the study, prob
2. as a result of more americans visiting south africa , we can expect ceteris patibus
3. The Ghana Statistical Services in 2019 fiscal year estimated that Ghanaians saved 20 percent of thei
4. The Ghana Statistical Services in 2019 fiscal year estimated that Ghanaians saved 20 percent of thei
5. The equality between total production, income and expenditure does not hold if different set of pri
6. like a good economist, you calculate the opportunity cost of getting your college degree. suppose th
7. Briefly explain the weaknesses of RSA's industrial Development Zones?

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…