Examlex
Balking is the term used to describe the phenomenon of customers leaving a queue that they have joined before service is rendered.
Investment Component
A part of economic activity related to spending on goods and services not for immediate consumption but for future benefit.
Government Purchases Component
The part of gross domestic product (GDP) that includes spending by all levels of government on goods and services.
Social Security Benefits
Government payments made to eligible individuals, such as retirees or disabled workers, as part of a social insurance program.
Investment Component
The portion of GDP or economic output that is attributed to investment in physical assets, like buildings, equipment, and inventory.
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