Examlex
James Madison stated that the accumulation of all powers-legislative,executive,and judiciary-in the same hands is the definition of which of the following?
Disposable Income
Refers to the amount of money that households have available for spending and saving after income taxes have been accounted for.
APS (Average Propensity to Save)
The fraction of total income that is saved by the average household.
Disposable Income
The amount of money an individual or household has to spend or save after income taxes have been deducted.
Saving
The act of setting aside money for future use rather than spending it immediately.
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