Examlex
Explain in detail why math in preschool programs depends on manipulation. Answer the following questions:
(a)Why is this so?
(b)What materials should be available?
(c)How can young children be motivated to become involved with them?
MPC
Marginal propensity to consume (MPC) represents the ratio of the change in consumer spending to the change in income, showing how much income will be spent rather than saved.
APS
Average Propensity to Save; the fraction of total income that is saved by the economy or an individual at a certain time.
APC
Average Propensity to Consume, a statistical measure reflecting the percentage of income that is spent on goods and services as opposed to being saved.
Disposable Income
The amount of money a household has available for spending and saving after income taxes have been accounted for.
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