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What is visible light known as?
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.
Disposable Income
Resources available to households for financial management in spending and saving after income tax deductions.
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