Examlex
This is the philosophical doctrine that human action is determined by external forces and is not a result of free will.
Home Equity Loans
A type of loan in which the borrower uses the equity of their home as collateral. These loans are often used to finance major expenses.
APC
Average Propensity to Consume, which is the fraction of income that is spent on consumption rather than savings.
Last 20 Years
Refers to the most recent two decades, a common time frame for analyzing changes and trends in economic, social, or technological domains.
Disposable Income
Net income available to households after taxes and other deductions, used for spending or saving.
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