Examlex
Suppose that is a normally distributed variable on each of two populations. Independent samples of sizes and , respectively, are selected from the two populations.The standard deviation of all possible differences between the two sample means equals the square root of the difference of the population variances each divided by the corresponding sample size.
MPS
The marginal propensity to save, which is the fraction of additional income that is saved.
Disposable Income
The fiscal envelope for household spending and saving activity subsequent to income tax adjustments.
Consumption
The purchase and use of goods and services by households, considered a primary component of economic activity and an indicator of the economic health of a nation.
Saving
The act of not consuming all of one's income and instead holding onto it for future investments or expenditure needs.
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