Examlex
Instructions: Please define the following key terms.
-Anwar El Sadat
Total Amount
The sum of all quantities or values in a given context.
Utility Function
A mathematical representation that shows the relationship between an individual's satisfaction and their consumption of different goods and services.
Private Consumptions
Refers to the spending on goods and services by individuals or households rather than by the government or businesses.
Total Amount
The entire sum or quantity of something, often referring to a final total in financial contexts.
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