Electric blues: How car investment could change our emissions trajectory
Subsidizing electric cars and rolling out more chargers could help Australia achieve half of our new car sales to be electric by 2030.
Nov 8, 2021
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Energy & Green Tech
Subsidizing electric cars and rolling out more chargers could help Australia achieve half of our new car sales to be electric by 2030.
Nov 8, 2021
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Business
A digital version of the Consumer Electronics Show kicked off Monday, showcasing new innovations as organizers projected sharp growth in technology spending amid the COVID-19 pandemic.
Jan 12, 2021
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Business
China's new year holiday spending last week surged past pre-pandemic levels, official figures showed, a rare bright spot for an economy struggling with sluggish consumption and deflation.
Feb 19, 2024
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Business
Sebastian Siemiatkowski is a co-founder and CEO of Klarna, the Sweden-based company that's one of the world's biggest providers of buy now, pay later services to customers. Klarna started off in Europe and entered the U.S. ...
Dec 18, 2023
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Business
Walmart is the latest company to publicly join the growing flock of major advertisers to pull spending from X, Elon Musk's beleaguered social media company, amid concerns about hate speech—as well as reaching a sizeable ...
Dec 1, 2023
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Business
Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday.
Nov 27, 2023
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Business
Chinese shoppers were treated to deep discounts, new products and payment plans as online merchants sought to revive their sluggish appetite for spending during China's first major online shopping festival after the end of ...
Jun 19, 2023
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Business
This time last year, hardly anyone in the U.S. knew what Temu was. Now, as American consumers grapple with runaway inflation, the bargain shopping app backed by a Chinese tech company is on a tear, with sales exceeding rival ...
Jun 15, 2023
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The Paris Air Show opens Monday after a four-year break with the aerospace industry bouncing back from the COVID-19 pandemic but under pressure to slash its carbon footprint.
Jun 15, 2023
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Business
Irish no-frills airline Ryanair rebounded back into bumper annual net profits, boosted by a "strong" post-COVID recovery despite spiking costs, it said Monday.
May 22, 2023
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Consumption is a common concept in economics, and gives rise to derived concepts such as consumer debt. Generally consumption is defined by opposition to production. But the precise definition can vary because different schools of economists define production quite differently. According to some economists, only the final purchase of goods and services constitutes consumption, and every other commercial activity is some form of production. Other economists define consumption much more broadly, as the aggregate of all economic activity that does not entail the design, production and marketing of goods and services (e.g. "the selection, adoption, use, disposal and recycling of goods and services").
Likewise, consumption can be measured by a variety of different metrics such as energy in energy economics . The total consumer spending in an economy is generally calculated using the consumption function, a metric devised by John Maynard Keynes, which simply takes the aggregate disposable income and multiplies it by a "marginal propensity to consume". This metric essentially defines consumption as the part of disposable income that does not go into savings. But disposable income in turn can be defined in a number of ways - e.g. to include borrowed funds or expenditures from savings.
This text uses material from Wikipedia, licensed under CC BY-SA