Home » Vocabulary » Consumer spending
Thing

Consumer spending

Consumer spending or consumer demand or consumption is also known as personal consumption expenditure. It is the largest part of aggregate demand or effective demand at the macroeconomic level. There are two variants of consumption in the aggregate demand model, including induced consumption and autonomous consumption.

WELCOME TO RICHTOPIA

FREE MEMBERSHIP

Get special new reports and never miss an update again ...

Join 75,259 other subscribers.

  • 2,562,467 all-time users
Advertisement
As Seen On Forbes
Advertisement