Examlex
As a new father,Dave plans to accumulate funds over the next eighteen years to help pay for his son's college education.Security markets provide Dave with:
Income
The financial gain received by an individual or entity, usually in the form of wages, salaries, or returns from investments.
MPC
Marginal Propensity to Consume, which indicates the proportion of additional income that a household is likely to spend on consumption rather than saving.
Disposable Income
The capital available to households for deploying into savings and spending post-tax.
Consumption
The act of using goods and services by households that leads to a decrease in their stock.
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