induced consumption


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induced consumption

that part of an increase, or decrease, in total CONSUMPTION expenditure that is brought about by a change in the level of NATIONAL INCOME or DISPOSABLE INCOME. In the short term, consumption expenditure consists of AUTONOMOUS CONSUMPTION (consumption expenditure that does not vary with income) and induced consumption. See CONSUMPTION SCHEDULE.
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Government induced consumption underpinned by wage and pension hikes is the major driver for the strong domestic demand.
Inflation in Saudi Arabia drops to 4.7 per cent in H2
scutatus), confirmed by enzyme-linked immunosorbent assay testing of serum, who developed clinical and laboratory evidence of envenomation, which included venom induced consumption coagulopathy (VICC), although this was only partial in the second case (6).
Thrombotic microangiopathy in two tiger snake envenomations
8 indicates that induced consumption is $300 billion less than (total) C in column 2.
Short-run equilibrium GDP as the sum of the economy's multiplier effects

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