Dissaving Occurs When Households Spend More on Consumption Than They

question 44

True/False

Dissaving occurs when households spend more on consumption than they receive as disposable income.

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Definitions:

Environmental Factors

Components outside the organism that can affect its development, behavior, and survival.

Genotype

The genetic makeup of an organism, consisting of the alleles inherited from both parents, which influences physical and behavioral traits.

Phenotype

The observable characteristics or traits of an organism, resulting from the interaction of its genotype with the environment.

Observable Characteristics

Traits or features that can be seen or measured directly in individuals or phenomena.