Examlex

Solved

Is a Construct or Notion That Represents an Individual's Overall

question 14

Multiple Choice

is a construct or notion that represents an individual's overall feelings or evaluation of an object.


Definitions:

Disposable Income

The financial resources available to a household for saving and spending after subtracting income taxes.

Consumption

The part of income or the amount of wealth that is used for purchasing goods and services for personal use.

APC

The Average Propensity to Consume indicates the share of income used for consumption purposes.

Disposable Income

Economic reserves left for households after income tax deductions, meant for spending and saving.

Related Questions