consumption function

noun

A function that describes the relationship between consumption and disposable income.

Meanings

nounconsumption function (plural consumption functions)

plural consumption functions

  1. economicsA function that describes the relationship between consumption and disposable income.
Cite this entry
APA

consumption function. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/consumption%20function

MLA

“consumption function.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/consumption%20function. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “consumption function,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/consumption%20function.

Source: consumption function on Wiktionary, CC BY-SA 4.0.