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Everything else held constant,if disposable income increases by 200 and consumption expenditure increases by 150,the mpc is
Parental Responsibility
The legal term for the duties, powers, responsibilities, and authority that most parents have in relation to their children, covering their care, property, and education.
Negligent
An individual or entity's failure to take reasonable care, resulting in harm or damage to others.
Mortgage Agreement
is a legal contract between a borrower and lender that outlines the terms and conditions of a loan used to purchase property, with the property acting as security for the loan.
Age of Majority
The legally determined age at which an individual is considered an adult and capable of making legal decisions and responsibilities.
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