The difference between consumption and consumption function is that the consumption function is a formula that measures consumer spending.
short run consumption function
jehtu consumption jiva napus thra ana funtuno ov consumption relete toro feesa math formulae δJ bea "Keynesian" thrua
If the consumption function is C50 0.75y then the marginal propensity to consume is?
to the level of disposible income
by dividing investment with 1 subtract consumption function
I have no idea. However, in theory there is a difference.
consumption is that money who you consume on any thing and the consumption function is that relation who tell you the consuming level on your every money income level.
short run consumption function
jehtu consumption jiva napus thra ana funtuno ov consumption relete toro feesa math formulae δJ bea "Keynesian" thrua
If the consumption function is C50 0.75y then the marginal propensity to consume is?
The consumption function was developed by John Maynard Keynes. The function was outline in his book titled 'The General Theory of Employment, Interest and Money'.
consumption
Autonomous consumption is the part of consumption that is independent of (does not depend on) the level of disposable income. Changes in autonomous consumption shift the consumption function.
It is connected by the formula(consumption function) C =A+MD where C = Consumer spending A=Autonomous consumption M=Marginal Propensity to consume D=real disposable income
between consumption production
the difference between income and consumption
The function described as the consumption and the absorption of energy through photosynthesis is a physico-chemical process.