Examlex
In the network diagram for the following list, what activity immediately follows activity B? Activity
Immediate Predecessor
A
-
B
A
C
A
D
B,C
E
D
F
D
G
E,F
H
G
Autonomous Consumption
The level of consumption that occurs when income is zero; it represents the expenditures that consumers must make even when they have no income.
Induced Consumption
Consumer spending that increases when income increases, and decreases when income decreases, reflecting behavioral responses to changes in income.
Disposable Income
The amount of money left for households to use on saving and spending after income taxes are covered.
Savings Rate
The proportion of disposable income that is saved rather than spent by individuals or households.
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