Since Roughly 1950, Total Revenues in the Farming Sector Have

question 105

Multiple Choice

Since roughly 1950, total revenues in the farming sector have ________, and since 1980 total revenues in computer chips have ________.

• A) increased; decreased
• B) decreased; decreased
• C) increased; increased
• D) decreased; increased

Explain concepts related to nonmarital romantic relationships.

Discuss the sequence of developing intimate relationships in the 21st century.

Identify and describe Abraham Maslow's hierarchy of needs.

Understand changes in personality traits over time.

---

Definitions:

Disposable Income

The sum of funds a family can use for expenditures and savings once income taxes are deducted.

APC

Average Propensity to Consume (APC) is a measure of the fraction of income spent on consumption rather than saving in an economy.

Disposable Income

Discretionary income for households to utilize in their saving and spending after the enforcement of income taxes.

Consumption

Refers to the use of goods and services by households or individuals for personal needs or for leisure, as opposed to investment or savings.