Examlex
The Zimbardo (1973) experiment, where a randomly assigned role as a prisoner or guard in a mock prison affected participants' behavior, is an example of a ______ type of study.
Savings
The portion of income not spent on current expenditures or taxes, which is set aside for future use or investment.
Autonomous Consumption
Spending that does not depend on current income levels, such as basic necessities, implying that this consumption occurs even in the absence of income.
Disposable Income
represents the amount of money that households have available for spending and saving after income taxes have been accounted for.
Saving
The portion of income that is not spent on consumption but rather set aside for future use or emergencies, contributing to personal and national wealth.
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