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Marginal Propensity
The proportion of an additional income that an individual is likely to consume rather than save.
Saving
The portion of income that is not spent on consumption but is kept aside for future use, investments, or emergencies.
Disposable Income
Income remaining after deduction of taxes and social security charges, available to be spent or saved as one wishes.
Consumption Spending
The total money spent by households in an economy on goods and services.
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