Examlex
Governments may choose whether to account for internal service fund activities on an accrual basis or a modified accrual basis.
Consumption
The use of goods and services by households or individuals, constituting one of the primary components of the economy alongside investment, government spending, and net exports.
Savings
The portion of income not spent on consumption of goods and services but kept aside, usually in deposit accounts or investments.
Disposable Income
The fiscal capacity for households to commit to spending and saving following income taxation.
Savings
The portion of income not spent on consumption but kept aside for future use, often in a bank or other financial instruments.
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