Examlex
Methods of ensuring conformity are known as:
Savings
The portion of income not spent on consumption but kept aside for future use, often in a bank or other financial instruments.
Liquid Assets
Refers to assets that can be quickly and easily converted into cash without significant loss in value.
Disposable Income
Monetary resources for household use in saving and spending subsequent to income tax deductions.
Consumption
The act of using goods and services for personal needs or wants, including basics like food and housing to luxury items.
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