| 单词 | consumption function |
| 释义 | consumption function noun[S] ukusECONOMICS a way ofcalculatinghow theamountofmoneythatpeoplespendongoodsandserviceschangesastheirincomechanges: Theconsumptionfunctionsays that theamountpeoplespenddependsontheirincome, and that asincomeincreases, so doesconsumption. Examplesofconsumption functionconsumption function The hypothesis gave birth to what would become the first formalconsumptionfunction. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.This lag describes how a consumers change in income and wealth, a change in itsconsumptionfunction, leads to a delayed change in its consumption. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Economists are particularly interested in the relationship between consumption and income, and therefore in economics theconsumptionfunctionplays a major role. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.If every individual in the economy plans his consumption in this manner, then the aggregateconsumptionfunctionwill be quite similar to the individual one. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.This is probably the most simplistic form of theconsumptionfunction. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.This increase is due to the positive relationship between consumption and consumers' disposable income in theconsumptionfunction. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.The graph of the conditional expectation using theconsumptionfunctionthat is implied by the seventh-order approximation is very similar. From theCambridge English Corpus Further consideration suggests that the older approach of estimating and testing theconsumptionfunctionmay be superior. From theCambridge English Corpus We usually think of the aggregateconsumptionfunctionas a relation between consumption on the one hand and income and interest rates on the other. From theCambridge English Corpus But this is an empirically testable hypothesis that is nested in theconsumptionfunctionin (5). From theCambridge English Corpus These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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