{"version":"1.0","type":"link","title":"Consumption function - Newikis","description":"In economics, the consumption function describes a relationship between consumption and disposable income. The concept is believed to have been introduced into macroeconomics by John Maynard Keynes in 1936, who used it to develop the notion of a government spending multiplier.","provider_name":"Newikis","provider_url":"https://newikis.com","cache_age":86400,"thumbnail_url":"https://thumb.wikimedia.org/wikipedia/commons/thumb/5/51/Consumption_Function.png/1280px-Consumption_Function.png","thumbnail_width":1280,"thumbnail_height":1149}