Examlex
Match each item with a statement below.
a.actuator
b.biometric sensor
c.cyber-physical systems
d.embedded system
e.GPS
f.IDE
g.LED
h.solenoid
i.photoresistor
j.PIR
-examples include a controller for a robot arm, a traffic signal, or a weather monitoring system
Consumption
The use of goods and services by households.
MPC
The marginal propensity to consume, which measures the proportion of additional income that a consumer spends on goods and services instead of saving.
Aggregate Demand
The total demand for all goods and services in an economy at different price levels, during a specific time period, including consumption, investment, government spending, and net exports.
Employment Act
A piece of legislation aimed at promoting high employment levels, economic growth, and stable prices within an economy.
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