Examlex
What factor has significantly contributed to smaller family sizes?
Consumption
The use of goods and services by households; an economic activity that represents spending by consumers.
Average Propensity
The ratio of total consumption to total income, indicating the average tendency of consumers to spend their income.
Disposable Income
Net pay after taxes and other deductions, available for spending, saving, or investment.
Consumption
The utilization of products and services by families.
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