Examlex
What is transcreation?
Savings
The portion of income that is not spent on current expenditures and instead set aside for future use.
Disposable Income
The disposable capital for households' spending and saving endeavors after income taxes.
Consumption
The process of purchasing goods and services to fulfill the needs and wants of individuals.
Average Propensity
The ratio of total consumption to total income, indicating how much income is spent rather than saved.
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