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A mass is suspended from a string in an airplane. As the plane is in the process of taking off, it is found that the string, instead of being vertical, hangs at an angle of 13 from the vertical. What is the acceleration of the plane at this time?
Induced Consumption
The concept that the level of consumer spending increases as disposable income rises, and decreases as disposable income falls, all else being constant.
Induced Consumption
Induced consumption is the portion of consumer spending that increases with an increase in disposable income.
Disposable Income
The finance available to households for expenditures and saving after reducing income taxes.
Disposable Income
Money that households can earmark for spending and saving after income taxes are considered.
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