Examlex
Which of the following best describes the relation between centration and conservation?
Gross Income
The total revenue generated from a business's activities before any expenses or taxes are deducted.
Disposable Income
The sum of money families can use for expenditures and savings once income taxes are deducted.
Necessities
Fundamental needs required for sustaining human life, such as food, water, shelter, and clothing.
Economic Activity
Any action that involves the production, distribution, and consumption of goods and services at all levels within a society.
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