Google
Tuesday 
July 1, 2025 

AmosWEB means Economics with a Touch of Whimsy!

AmosWEBWEB*pediaGLOSS*aramaECON*worldCLASS*portalQUIZ*tasticPED GuideXtra CrediteTutorA*PLS
INJECTION LINE: A line used in the injection-leakage model representing the relation between non-consumption expenditures (that is, injections) and national income. The three injections are investment expenditures, government purchases, and exports. The foundation of the injection line is the investment line, which is then enhanced by adding government purchases and exports. The other part of the injection-leakage model is a line representing leakages. The intersection of the injection and leakage lines identifies equilibrium aggregate output, or Keynesian equilibrium.

Visit the GLOSS*arama

Most Viewed (Number) Visit the WEB*pedia

COMPLEMENT-IN-CONSUMPTION: One of two goods that are consumed together to provide satisfaction -- that is, the goods are used jointly to satisfy wants and needs. A complement good is one of two alternatives falling within the other prices determinant of demand. The other is a substitute good. An increase in the price of one complement good causes a decrease in demand for the other. A complement good has a negative cross price elasticity. When the terms complements or complement goods are used, they typically means complement-in-consumption (compare this with complement-in-production). Examples of complement goods are golf clubs and golf balls; hamburgers and french fries; and cars and gasoline. In each case, the two goods "go together." People seldom use or consume one without the other.

     See also | complement | demand | consumption | demand curve | other prices | demand shock | demand determinants | cross elasticity of demand | complement-in-production |


Recommended Citation:

COMPLEMENT-IN-CONSUMPTION, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2025. [Accessed: July 1, 2025].


AmosWEB Encyclonomic WEB*pedia:

Additional information on this term can be found at:

WEB*pedia: complement-in-consumption

Search Again?

Back to the GLOSS*arama

TECHNICAL EFFICIENCY

Obtaining the greatest possible production of goods and services from available resources. In other words, resources are not wasted in the production process. This is also considered as engineering efficiency and should be contrasted with economic or allocative efficiency.

Complete Entry | Visit the WEB*pedia


APLS

BROWN PRAGMATOX
[What's This?]

Today, you are likely to spend a great deal of time lost in your local discount super center trying to buy either clothing for your kitty cats or a set of luggage without wheels. Be on the lookout for infected paper cuts.
Your Complete Scope

This isn't me! What am I?

More money is spent on gardening than on any other hobby.
"Experience keeps a dear school, but fools will learn in no other. "

-- Benjamin Franklin

CLI
Cost of Living Index
A PEDestrian's Guide
Xtra Credit
Tell us what you think about AmosWEB. Like what you see? Have suggestions for improvements? Let us know. Click the User Feedback link.

User Feedback



| AmosWEB | WEB*pedia | GLOSS*arama | ECON*world | CLASS*portal | QUIZ*tastic | PED Guide | Xtra Credit | eTutor | A*PLS |
| About Us | Terms of Use | Privacy Statement |

Thanks for visiting AmosWEB
Copyright ©2000-2025 AmosWEB*LLC
Send comments or questions to: WebMaster