Spending Measure

AKA: Consumption Measure.
Context:
- It can range from being a Macroeconomic Spend/Economic Population Spend Measure to being a Microeconomic Spend/Economic Agent Spend Measure.
  - It can range from being a Private Spend (such as personal spend or household spend) to being Public Spend.
- It can range from being a Gross Spend Measure to being a Net Spend Measure.
- It can range from being a Nominal Spend Measure to being a Real Spend Measure.
Example(s):
Counter-Example(s):
See: Factor Income, Consumer Theory, Law of Demand, Permanent Income Hypothesis, Capital to Income Ratio, Income Average Measure, Income Variance Measure.

References

http://wikipedia.org/wiki/Consumption_%28economics%29
- Consumption is a major concept in economics and is also studied by many other social sciences. Economists are particularly interested in the relationship between consumption and income, and therefore in economics the consumption function plays a major role.
  Different schools of economists define production and consumption differently. According to mainstream economists, only the final purchase of goods and services by individuals constitutes consumption, while other types of expenditure — in particular, fixed investment, intermediate consumption, and government spending — are placed in separate categories (See consumer choice). Other economists define consumption much more broadly, as the aggregate of all economic activity that does not entail the design, production and marketing of goods and services (e.g. the selection, adoption, use, disposal and recycling of goods and services).