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Household Expenditure

  • Shapoor ValiEmail author
Chapter
Part of the Mathematics Textbooks for Science and Engineering book series (MTSE, volume 3)

Abstract

A household allocates its income to variety of goods and services. A collection of goods and services that a household purchases and consumes over a specific time period or horizon (a week, a month, or a year) is called a consumption bundle (bundle for short), or a basket.

Keywords

Mortgage Loan Budget Equation Household Budget Repeat Part Mortgage Payment 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Atlantis Press and the authors 2014

Authors and Affiliations

  1. 1.Department of EconomicsFordham UniversityNew YorkUSA

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