Examlex
What is the marginal propensity to consume? Explain why the sum of marginal propensity to consume and marginal propensity to save must equal 1.
Required Return
The minimum profit or yield that an investor aims for when investing in a financial instrument or project.
Payback Period
The duration required to recover the cost of an investment, calculated by dividing the initial investment by the annual cash inflow.
Heating System
A mechanism for maintaining temperatures at an acceptable level; by using thermal energy within a home, building, or other dwelling.
Required Rate Of Return
The minimal annual profit rate required to attract investment from individuals or corporations into a specific security or initiative.
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