Disposable Income $~~~~~~$ Consumption $\$ 20,000 \quad~~~~~~~~~~~~~~~~~~ \$ 17,000$ -Calculate the APC

question 188

Essay

Disposable Income $~~~~~~$ Consumption
$\$ 20,000 \quad~~~~~~~~~~~~~~~~~~ \$ 17,000$
-Calculate the APC.

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Definitions:

Incentives

Things that attract or lure people into action.

Biological Needs

Fundamental requirements that organisms must fulfill to maintain their bodily functions and ensure survival, such as the need for food, water, and shelter.

Drive

A psychological tension and physical arousal arising when there is a need that motivates the organism to act in order to fulfill the need and reduce the tension.

Tension

The state of being stretched tight or experiencing mental or emotional strain.