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Dee Is a College-Educated, Upper-Middle Class, 45-Year-Old Black Woman Who

question 8

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Dee is a college-educated, upper-middle class, 45-year-old Black woman who would like a homogamous relationship with a man. Yet because of social and cultural factors, her _________ is somewhat limited.


Definitions:

Disposable Income

Fiscal space for households' spending and saving maneuvers after settling income taxes.

MPS

Marginal Propensity to Save, which measures the fraction of additional income that is saved rather than spent on consumption.

Saving

The act of setting aside a portion of current income for future use, either by holding it as cash or putting it into investment accounts.

Disposable Income

Financial allotment for households' saving and spending requirements after income tax subtractions.

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