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Considering the relationship of chronological age to health behaviours, health habits
Utility Function
A mathematical representation of how a consumer's satisfaction or preference for goods and services is dependent on their consumption levels.
Consumption
The use of goods and services by households, affecting economic conditions and indicating economic health through consumer spending patterns.
Income
The monetary payment received by an individual or household for their services, investments, or transfer payments.
Interest Rate
The percentage of an amount of money charged by a lender to a borrower for the use of their funds over a period of time, typically expressed as an annual percentage.
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