Consumption and disposable income
Consumption and disposable income
Consumption, shown as CCC, is total planned spending by households on goods and services. It includes spending on items such as food, clothing, transport and entertainment.
Step-by-step lessons on Edexcel A A Level Economics 2.2.2 Consumption (C). Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.