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Economics A Level (DONEEEEEEE)

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Question:

What is Consumption? [Referring to AD] -What would rival Consumption?

Author: eric_galvao



Answer:

-Consumptions [Consumer Expenditure] is the Overall Amount that households spend on Goods and Services. Doesn’t have Firms Expenditure factored in -Savings would be the Opposite of Consumption, so thus it would usually be Inversely Proportional to Consumption


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