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Boris was feeling overwhelmed by work and realized that he needed to develop some healthy habits to deal with the stress. He started an exercise program and made a commitment to spend quality time with his family every weekend. What kind of strategy is Boris pursuing?
Disposable Income
The amount of money a household has available for spending and saving after income taxes have been accounted for.
Consumption Function
A macroeconomic concept that describes the relationship between total consumption and gross national income.
Consumption Function
An economic formula that represents the relationship between total consumer spending and total national income.
Household Wealth
The total value of all financial and non-financial assets owned by members of a household minus any liabilities.
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