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Compare and Contrast the Various Nominating Processes

question 130

Essay

Compare and contrast the various nominating processes. What are the advantages and disadvantages of each?


Definitions:

Disposable Income

Resources earmarked for household financial activities in saving and spending following income tax calculations.

Saving

The segment of one's income that is not consumed but saved for future investments or use.

Consumption

The act of using goods and services for personal needs or to satisfy consumer demands.

APS

Average Propensity to Save, the proportion of total income that is saved by the economy or an individual.

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