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Isaac Is 15, a Junior in High School

question 29

Multiple Choice

Isaac is 15, a junior in high school. He doesn't do his home work instead he watches talk shows. From the perspective of Super's life roles, which of the following sentences best describes this scenario?


Definitions:

Saving

The portion of income not spent on current consumption, often put aside for future use or investments.

Disposable Income

Funds available to households for saving and spending once income taxes are deducted.

APC

Average Propensity to Consume, which is the fraction of income spent on consumption.

Gross Investment

The total amount of capital expenditure a company spends on maintaining and increasing the scope of its operations.

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