Examlex

Solved

Choose the Term with the Correct Spelling

question 83

Multiple Choice

Choose the term with the correct spelling.


Definitions:

Disposable Income

Funds that households can use for saving and expenditures after income taxes are taken out.

APS

Acronym for Average Propensity to Save, which is the ratio of total savings to total income in an economy, indicating how much people save on average per unit of income.

Investment

Assigning financial resources in the hope of creating revenue or gains.

GDP

Stands for Gross Domestic Product, which is the total value of all goods and services produced within a country's borders in a specific time period.

Related Questions