Examlex
An economy has achieved _____ if it _____ pass up any opportunities to make some people better off without making others worse off.
Marginal Propensity
The fraction of an additional amount of income that is spent on consumption.
Aggregate Expenditure
The total amount spent on national-level goods and services in an economy.
Disposable Income
Income available to households after accounting for taxes and social security charges, available for spending or saving.
Gross Domestic Product
The total market value of all final goods and services produced within a country in a specific time period.
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