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Consumption & Saving Game

Consumption & Saving Game. Definitions. Consumption function A function shows the relationship between planned consumption expenditure and disposable income in an economy. Saving function

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417 views • 15 slides

Consumption & Saving

Consumption & Saving. Disposable Income (DI). Income after taxes or net income DI = Gross Income - Taxes. 2 Choices. With disposable income, households can either Consume (spend money on goods & services) Save (not spend money on goods & services). Consumption. Household spending

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236 views • 8 slides

Mr. Mayer AP Macroeconomics

Mr. Mayer AP Macroeconomics. Consumption & Saving. Disposable Income (DI). Income after taxes or net income DI = Gross Income - Taxes. 2 Choices. With disposable income, households can either Consume (spend money on goods & services) Save (not spend money on goods & services). Consumption.

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194 views • 8 slides

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Consumption &amp; Saving Game

Consumption &amp; Saving

Mr. Mayer AP Macroeconomics

Consumption & Saving Game

Consumption & Saving