Dictionary of Meaning

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Consumer spending

*** Shopping-Tip: Consumer spending
'''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.

See also
* Consumer Expenditure Survey Category:Macroeconomics Category:Socioeconomics {{econ-stub}}