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Definition of

consumption

Economics

amount of products and services used the quantity of resources used by consumers to satisfy their current needs and wants, measured by the sum of the current expenditure of the government and individual consumers

Definitions of ’consumption’ and meaning of ’consumption’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’consumption’ and other financial terms with our online QFINANCE Financial Dictionary.

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