Examlex
The elbow joint is an example of a fulcrum as the biceps brachii flexes the forearm.
Disposable Income
Income remaining for a person to spend or save after all taxes have been paid.
Disposable Income
The amount of money that households have available for spending and saving after income taxes have been taken out.
Consumption Spending
Expenditures by households on goods and services, excluding purchases of new housing, and a major component of GDP.
Consumption Function
A representation in economics indicating the relationship between total consumer expenditures and household income levels.
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