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What is a multinational corporation?
Billion
A Billion is a numerical value equivalent to one thousand million (1,000,000,000) in the American short scale, commonly used in financial and demographic contexts.
Saving
The portion of income that is not spent on consumption or taxes, often set aside for future use or investment.
Disposable Income
Resources that become available for households for expenditure and saving activities following income tax deductions.
Induced Consumption
Consumption that increases when income increases and decreases when income decreases, reflecting consumers' responsive behavior to changes in income levels.
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