Examlex
Which of the following BEST describes a fog-stream?
Disposable Income
Household fiscal resources for saving and spending following the deduction of income taxes.
Autonomous Consumption
The level of consumption that occurs when income is zero, representing the expenses that consumers must make for basic needs regardless of their income.
Induced Consumption
The portion of consumer spending that increases as disposable income rises, typically leading to more purchasing.
Disposable Income
The envelope of funds available to households for the purposes of saving and spending after adjusting for income taxes.
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