Examlex
Why is depression a particular problem during late adulthood?
Average Propensity
The ratio of total spending (consumption or saving) to total income, indicating how income is distributed across different economic activities.
Marginal Propensity
The measure of how much consumption changes with a change in disposable income, indicating the proportion of additional income that is spent on consumption.
Consumption Spending
The total value of all goods and services consumed by households over a specified period.
Marginal Propensity
The ratio of the change in an economic variable (such as consumption or saving) in response to a change in another variable (such as income).
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