Examlex
The purchase of Alaska from Russia for approximately $7 million proved to be a huge bargain.
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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