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Disposable Income
The amount of money available to households for making purchases and savings after the removal of income taxes.
Saving
The act of setting aside a portion of current income for future use, or the portion of income not spent on current expenditures.
MPC (Marginal Propensity to Consume)
The proportion of additional income that is spent on consumption.
Saving
The act of setting aside money for future use instead of spending it immediately.
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