Examlex
Describe how financial performance is related to the operating performance of a government entity.
Consumption
The total value of goods and services consumed by households and businesses.
APC
Average Propensity to Consume, the fraction of total disposable income that households plan to spend on consumption as opposed to saving.
Income
The financial gain accrued by an individual or entity within a specified period, often through wages, salaries, or investments.
APC
Usually refers to Average Propensity to Consume, which is the fraction of income spent on consumption rather than saved.
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