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What is a feature of a general security agreement?
Consumption Function
An economic formula representing the relationship between total consumption and gross national income, indicating how income changes affect spending habits.
Aggregate Income
The total income earned by all factors of production in an economy over a specific time period, including wages, rents, interest, and profits.
Aggregate Consumption
The total amount of goods and services consumed in an economy over a given period of time.
Consumption Function
A formula that expresses the relationship between total consumption and gross national income.
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