Examlex

Solved

The Search for Extraterrestrial Life Is a Branch of Science

question 15

Multiple Choice

The search for extraterrestrial life is a branch of science known as


Definitions:

Personal Saving

Personal saving is the portion of personal income that is not expended on consumption or taxes and is instead saved for future use.

Total Saving

The sum of personal savings, plus business savings (undistributed corporate profits), and government surplus in an economy.

Disposable Income

Financial reserves allocated for households for expenditures and savings following income tax reductions.

APC

Average Propensity to Consume, which is the ratio of total consumption to total income.

Related Questions