Examlex
A dog participating in dog agility training must navigate a variety of obstacles,such as jumping over hurdles,walking over seesaws,and running through tunnels with its trainer only able to reinforce the dog with a snack or hug after the dog completes the entire sequence.This dog training is accomplished through
Disposable Income
The total amount of money available for an individual or household to spend or save after taxes have been deducted.
Consumption
The use of goods and services by households, constituting one of the major components of GDP.
APC
Average Propensity to Consume, which is the fraction of income that is consumed rather than saved.
MPS
The marginal propensity to save refers to the portion of each additional dollar of income that is set aside for savings instead of being spent.
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