A Sense of Depression and Loss of Purpose Felt by Some

question 54

True/False

A sense of depression and loss of purpose felt by some parents when the youngest child leaves home is called the mid-life crisis.

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Definitions:

APS

Acute Psychological Stress, referring to the significant mental stress an individual experiences in response to a perceived threatening situation.

Disposable Income

Financial avenues open to households for spending and saving, post income tax deductions.

MPS

Marginal Propensity to Save, which is the fraction of additional income that a household saves rather than spends on consumption.

Saving

The act of setting aside a portion of current income for future use, typically to achieve financial goals or provide a safety net.