Examlex
You overhear a psychologist presenting a lecture to an introductory psychology class.The teacher mentions "purposeful or goal-directed behaviour that may vary in intensity from one occasion to another." You recognize that he is talking about which type of behaviour?
Induced Consumption
Consumer spending that varies with income, representing the portion of income that households spend on goods and services rather than saving.
Disposable Income
Income available to households for the strategies of saving and spending after tax deductions.
Billion
A Billion is a numerical value equivalent to one thousand million (1,000,000,000) in the American short scale, commonly used in financial and demographic contexts.
Saving
The portion of income that is not spent on consumption or taxes, often set aside for future use or investment.
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