Define the Following

question 31

Essay

Define the following
-Gender

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Definitions:

Saving Rate

The proportion of income that is not spent on consumption but is instead saved by individuals or entities.

National Debt

The total amount of money that a country's government has borrowed, usually as a result of spending more than it receives in taxes.

Vertical Equity

A principle in taxation stating that taxpayers with a higher ability to pay should contribute more in taxes than those with a lesser ability to pay.

Flow Measure

A quantitative assessment that represents movement of items over time, often used in economics to track variables like income.