Behavioural aspects of the model included the propensity to
consume out of both income and wealth, a simple accelerator model of firms» investment, and positive requirements on banks for capital adequacy and central bank reserves.
Not exact matches
Pfeffer wonders if stagnant
incomes have led to people «
consuming out of their assets» — in other words, spending what they've accumulated to make ends meet.
This is a good way to break
out each budget category and show the percentage
of your
income it's
consuming.
If the US
consumes 25 %
of the world energy, that's just $ 400B / year which works
out to $ 5,000 per family
of four per year, or about 10 %
of total
income.