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A machine in need of calibration would likely be a source of natural variation.
Disposable Income
The liquidity pool available for households to channel into saving and spending after income tax deductions.
Induced Consumption
The part of consumer spending that increases when disposable income rises and decreases when disposable income falls.
Disposable Income
The amount of money left for spending and saving after income taxes have been deducted.
Autonomous Consumption
The level of consumption that does not change with fluctuation in income; it is the consumption level when income is zero.
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