Examlex
Which of the following is not considered an epolicy?
Disposable Income
Resources households have at their disposal for saving and expenditure once income taxes have been accounted for.
Marginal Propensity
Typically refers to the marginal propensity to consume (MPC), which is the proportion of an additional income that a consumer spends on goods and services as opposed to saving it.
Disposable Income
The income available for saving and spending after the deduction of income taxes from earnings is known as disposable income.
Consumption
The process by which goods and services are used up or consumed, typically referring to household consumption in economics.
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