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In some parts of the world, spring causes temperature differentials between the land and the ocean that result in a gigantic circulation of air. When this happens, warm air rises over the land, and cooler air comes in off the ocean to replace it. The warm air rises, loses its moisture, creating very wet conditions for almost half the year. This climatic pattern is known as
MPS
The marginal propensity to save, indicating the proportion of additional income that a household saves rather than spends on consumer goods.
C
In economic formulas, "C" typically represents consumption spending by households.
Consumers
Individuals or households that purchase goods and services for personal use.
Services
Intangible products such as healthcare, education, and financial advising that are consumed at the point of delivery and do not result in ownership of physical goods.
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