How do you calculate the aggregate consumption function?

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How do you calculate the aggregate consumption function?

I have a table of data listing the consumption (in dollars) of five individuals at 3 different income levels. I know how to calculate the individual consumption functions but how do I obtain the aggregate consumption function to describe the consumption for all the individuals of this economy?

2007-10-20 05:53:23 · 2 answers · asked by Wise Idiot 1 in Social Science ➔ Economics

2 answers

Go here:

//en.wikipedia.org/wiki/Consumption_function
hope it helps.

2007-10-20 06:09:48 · answer #1 · answered by stick man 6 · 0⤊ 0⤋

add them

2007-10-20 05:55:49 · answer #2 · answered by gjmb1960 7 · 0⤊ 0⤋