Describe how consumption behaves over the business cycle.
-Define average propensity to consume, average propensity to save, marginal propensity to consume, marginal propensity to save.
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Q5: Whats defention of terms:
-marginal propensity to consume
Q6: Whats defention of terms:
-marginal propensity to save
Q7: Whats defention of terms:
-savings
Q8: Explain how consumption has grown over the
Q9: Explain how consumption has grown over the
Q11: Describe how consumption behaves over the business
Q12: Describe how consumption behaves over the business
Q13: Describe how consumption behaves over the business
Q14: Compare and discuss determinants of aggregate consumption.
-Why
Q15: Compare and discuss determinants of aggregate consumption.
-How
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