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Different between consumption and consumption function?
The difference between consumption and consumption function is that the consumption function is a formula that measures consumer spending.
What is the difference between cheap and frugal?
cheap is when something is not expensive. frugal is to be wise and wary of over spending on something.
Why does investment spending rise and fall with the overall level of GDP?
a good indicator is the business cycle diagram and the difference between real GDP and trend rate( which the g'ment is targeting) if real is below trend it is a good indicator that the economy is in a recession. Because this is the case firms are less likely to be spending on capital goods aka. investment spending. They may decide to fix current capital goods.
What is a gap or shortfall between income and outgo or spending called?
a profit
What is the relationship between consumer spending and disposable personal income?
a direct relationship.
What is the difference between controllable and uncontrollable risk factors?
Controllable risk factors are those that can be managed and lessened or reduced. Uncontrollable risk factors are like Acts of God.
A word in between controllable and uncontrollable?
and
What is the difference between controllable and uncontrollable?
Controllable factors are those that can be managed or influenced by individuals or organizations, such as actions, decisions, or behaviors. Uncontrollable factors, on the other hand, are outside of one's control, such as external market conditions, natural disasters, or government regulations.
Difference between controllable and uncontrollable cost?
1.11.5 By Controllability- Costs here may be classified into controllable and uncontrollable costs. (a) Controllable costs - These are the costs which can be influenced by the action of a specified member of an undertaking. A business organisation is usually divided into a number of responsibility centres and an executive heads each such centre. Controllable costs incurred in a particular responsibility centre can be influenced by the action of the executive heading that responsibility centre. For example, Direct costs comprising direct labour, direct material, direct expenses and some of the overheads are generally controllable by the shop level management. (b) Uncontrollable costs - Costs which cannot be influenced by the action of a specified member of an undertaking are known as uncontrollable costs. For example, expenditure incurred by, say, the Tool Room is controllable by the foreman incharge of that section but the share of the tool-room expenditure which is apportioned to a machine shop is not to be controlled by the machine shop foreman The distinction between controllable and uncontrollable costs is not very sharp and is sometimes left to individual judgement. In fact no cost is uncontrollable; it is only in relation to a particular individual that we may specify a particular cost to be either controllable or uncontrollable
What is the difference between controllable and noncontrollable risk factors?
Consider these two risks:- 1) that you will be hit by a meteorite. 2) that you will be sick because you ate bad food. The first risk is uncontrollable because there is nothing you can do to lessen it. However the second risk is controllable because you can take care to see that your food is fresh and well cooked - in other words you can lessen this risk.
What is the difference between discretionary and controllable cost?
Discretionary cost is that amount which is at somebody's discretion like manager etc. Controllable cost is that amount which is in the hands of management to be controlled or not like advertisement expenses etc.
What is cost controlling?
By reduction in operating items and using recycle items then we can control cost by using those resources which we already used it example if the guest used half shampoo, and he threw it but at the same time if we collect it in large quantity and we refill it it reduce the cost.
What causes a difference between desired spending and income in the monetarist model in the Keynesian model?
In the monetarist model, a difference between desired spending and income is caused by either an excess demand for money (MD > MS) or an excess supply of money (MS > MD). An excess demand for money reduces desired spending, and an excess supply increases it. In the Keynesian model, changes in desired spending (particularly in desired investment spending) cause the difference.
What is the difference between Lymphoma and Myeloma?
Lymphoma is a cancer dealing with the lymphatic system while Myeloma is the uncontrollable production of white blood cells.
What is the difference between a hot air balloon and an airplane?
One difference is that a hot-air balloon is uncontrollable and can't be maneuvered in different directions while a plane can move in various directions.
An important difference between government spending during the Depression and during world war 2 was that?
A
Different between consumption and consumption function?
The difference between consumption and consumption function is that the consumption function is a formula that measures consumer spending.
