Examlex
An automobile assembly line is arranged in a ________ layout, with a fixed sequence of workstations adding specific components until the full vehicle is assembled.
Induced Consumption
Consumer spending that increases when income increases, and decreases when income decreases, not including autonomous consumption that doesn’t change with income.
Disposable Income
Financial capacity reserved for household spending and savings after navigating through income tax deductions.
Autonomous Consumption
The level of consumption expenditure that occurs when income levels are zero, representing the base level of spending that must occur even in the absence of income.
Public Savings
The portion of national savings held by the government, typically reflected in budget surpluses.
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