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The change in consumption divided by the change in disposable income is equal to
Rational Investor
An individual or entity that makes investment decisions based on logical analysis, aiming to maximize returns while minimizing risks.
Expiration Date
The date on which an option, futures contract, or similar financial instrument becomes invalid and the right to exercise it ceases.
Exercised
Refers to the action taken by the holder of an option contract to utilize their right to buy or sell the underlying asset at the strike price.
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