Examlex
When members of a work team try to evade individual responsibility, they are engaged in social loafing.
Autonomous Consumption
Describes the expenditure that consumers will make even when they have no income, considering it as a basic level of consumption driven by needs.
Saving
The act of setting aside money for future use, reducing current consumption.
Induced Consumption
Consumer spending that increases or decreases as a result of changes in income, as opposed to autonomous consumption that does not change with income.
Disposable Income
Income available to a household or individual after taxes have been paid, available for spending or saving.
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