Examlex
The focal length of a magnifying glass is 15 cm. If the near point of a person is 25 cm, what is the magnification of this glass for this person when his eyes are focused at infinity?
MPC
The marginal propensity to consume, representing the proportion of additional income that an individual will spend on consumption.
Saving
The portion of income not spent on consumption, often put aside for future use or investment.
Disposable Income
The amount of money an individual or household has available to spend or save after income taxes have been deducted.
Disposable Income
Money that becomes available for household savings and expenditures after income taxes are subtracted.
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