消费收入关系课件.ppt

The Household-Consumption Sector;Learning Objectives;GDP and Big Numbers;Four Parts of GDP;Consumption;Consumption Function;Example: Consumption and Disposable Income(in billions of dollars);Consumption and Disposable Income;Saving;Source: Economic Report of the President, 2010, Survey of Current Business, March 2010;Household Saving as a Percentage of Disposable Income in 2009 ;Questions for Thought and Discussion;Four Concepts;Average Propensity to Consume (APC) (The Percent of DI Spent);APC values and their meaning;Sample APC Problem;Disposable Income Consumption Saving $40,000 $30,000 ;Sample APC Problem;Sample APC Problem;APCs Greater Than One;APCs Greater Than One;APCs Greater Than One;APCs Greater Than One;APCs Greater Than One;Average Propensity to Consume, Selected Countries, 2009;Marginal Propensity to Consume (MPC);Calculate MPC Using Hypothetical Data;Calculating MPC;Calculating MPS;Graphing the Consumption Function: The 45- Degree Line;Graphing the Consumption Function;The Saving Function;Autonomous Consumption vs. Induced Consumption;Questions for Thought and Discussion;Consumer Spending, 1955 and 2009 ($billions);;Consumption as a Percentage of GDP1980 - 2010;Determinants of the Level of Consumption;Determinants of the Level of Consumption (Continued);Permanent Income Hypothesis;Americans have been on a spending binge for the last 30 years. Government policies encouraged consumption: Mortgage interest and property taxes are tax-deductable. The tremendous expansion of bank credit cards, installment credit, and consumer loans has further fueled the consumer binge. Savings as Percentage of GDP, 1959-2009 ;Why does it matter? ;Current Issue: The American Consumer: World Class Shopper;Questions for Thought and Discussion