Consumption Function

Business, Legal & Accounting Glossary

Definition: Consumption Function


Consumption Function


Full Definition of Consumption Function


The function relating aggregate consumption to aggregate income and sometimes other variables such as wealth.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/consumption-function/
Modern Language Association (MLA):
Consumption Function. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/consumption-function/.
Chicago Manual of Style (CMS):
Consumption Function. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/consumption-function/ (accessed: April 20, 2024).
American Psychological Association (APA):
Consumption Function. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/consumption-function/

Definition Sources


Definitions for Consumption Function are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.