Discuss the Policies or Changes That Need to Be Implemented

question 66

Essay

Discuss the policies or changes that need to be implemented in the United States that would contribute to the well-being of a family.

---

Definitions:

Public Savings

The portion of national savings held by the government, typically reflected in budget surpluses.

Personal Income

The total amount of income earned by an individual from all sources before any taxes are deducted.

Autonomous Consumption

Describes the expenditure that consumers will make even when they have no income, considering it as a basic level of consumption driven by needs.

Saving

The act of setting aside money for future use, reducing current consumption.