Examlex
Subjects in Sherif's experiments who were asked to estimate how far the light beam was moving (it wasn't moving, but it looked like it was due to the autokinetic effect) demonstrated:
Disposable Income
The income available for saving and spending after the deduction of income taxes from earnings is known as disposable income.
Consumption
The process by which goods and services are used up or consumed, typically referring to household consumption in economics.
Average Propensity
Average Propensity refers to the average tendency of individuals or entities, such as the average propensity to consume or save, measured over a specific period or income level.
Disposable Income
The available cash reserves for households to spend and save once taxes on income have been settled.
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