Examlex
Which of the following terms means inflammation of an outpouching off the intestines?
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.
Autonomous Consumption
The level of consumption that occurs when income is zero, reflecting expenses that are necessary or committed.
Induced Consumption
The portion of consumption that changes in response to changes in income, where higher income levels lead to higher consumption.
Disposable Income
Funds available for saving or spending once taxes and contributions to social security are deducted.
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