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To Respond to an Incoming Signal,such as Your Fingertip Being

question 72

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To respond to an incoming signal,such as your fingertip being burned by a candle's flame,the signal must be transmitted to the brain before your muscles can be told to respond and pull away.


Definitions:

APC

APC, or Average Propensity to Consume, is the ratio of total consumption to total disposable income, indicating how much income is spent.

Induced Consumption

The portion of consumer spending that changes in response to changes in disposable income.

Disposable Income

The sum of funds that individuals or families can allocate towards savings or expenditure once they've deducted income taxes.

Disposable Income

The liquidity pool available for households to channel into saving and spending after income tax deductions.

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