Some articles on consumption, final, final consumption:
... GDP (Y) is a sum of Consumption (C), Investment (I), Government Spending (G) and Net Exports (X – M) ... C + I + G + (X − M) Here is a description of each GDP component C (consumption) is normally the largest GDP component in the economy, consisting of private (househol ... G (government spending) is the sum of government expenditures on final goods and services ...
... In the member states of the European Union the share of household final consumption expenditure (HFCE) in actual final consumption of households usually varies between 70 ... A high government share in the provision of individual consumption goods and services is often found in countries known as welfare states ... and Sweden, where HFCE represents less than 80% of actual final consumption of households for most years ...
Famous quotes containing the words consumption and/or final:
“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”
—Calvin Coolidge (18721933)
“Waiting for the race to become official, he began to feel as if he had as much effect on the final outcome of the operation as a single piece of a jumbo jigsaw puzzle has to its predetermined final design. Only the addition of the missing fragments of the puzzle would reveal if the picture was as he guessed it would be.”
—Stanley Kubrick (b. 1928)