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Pancreatic cell type that produces insulin.
Automatic Stabilizers
Structural features of government spending and taxation that reduce fluctuations in disposable income, and thus consumption, over the business cycle.
Net Taxes
The total taxes paid to the government after subtracting transfers and government spending directly beneficial to the taxpayer, such as social security or unemployment benefits.
Disposable Income
The finance households possess for setting aside savings and covering expenses, following income tax deductions.
Consumption
The use of goods and services by households.
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