Examlex
Using the partial report technique, George Sperling estimated that sensory memory stored at least _____% of the letters in a briefly-flashed array.
Consumption
The use of goods and services by households, constituting one of the major components of GDP.
APC
Average Propensity to Consume, which is the fraction of income that is consumed rather than saved.
MPS
The marginal propensity to save refers to the portion of each additional dollar of income that is set aside for savings instead of being spent.
Induced Consumption
Consumer spending that increases when income increases and decreases when income decreases.
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