Consumption
Consumption (C) is the total spending on goods and services from households in the domestic economy, per time period. It is the single largest component of aggregate demand.
Where this appears
The syllabus topics that use this term.
Welcome to IBonomics! We are excited to launch and hope you find the website useful! Learn more about us here!
Consumption (C) is the total spending on goods and services from households in the domestic economy, per time period. It is the single largest component of aggregate demand.
The syllabus topics that use this term.