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Who stated the following? 'Adolescents are in character prone to desire and ready to carry out any desire they may have formed into action. Of bodily desires it is the sexual to which they are most disposed to give way, and in regard to sexual desire they exercise no self- restraint.'
Purchased Amount
The total volume or quantity of goods or services bought.
Normal Good
A good whose demand increases as consumers' income rises, holding all other factors constant.
Consumption
Consumption refers to the use of goods and services by households. It is a primary component of the economy, encompassing the spending on goods and services by consumers.
Income
Money received, especially on a regular basis, for work or through investments.
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