Examlex
Which of the following is an example of an observation?
Trillion
Trillion is a numerical value represented as 1,000,000,000,000 (10^12), commonly used to quantify large figures such as government budgets, economics, and astronomy.
Induced Consumption
Spending by consumers that varies with income, meaning as income increases, consumption also increases, and vice versa.
Disposable Income
The budgeting capacity for households in terms of saving and spending after income tax commitments.
Saving
The portion of income that is not spent on consumption but rather set aside for future use, often in investments or deposit accounts.
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