Examlex
Which of the following is not true of Treasury bonds?
Consumption Function
A mathematical expression in economics showing how total consumption is related to the gross national income.
Consumption Function
A financial equation that illustrates the correlation between overall consumption and the gross national income.
Aggregate Income
The total income earned by all individuals or entities in an economy, including wages, profits, rents, and investment income, before taxes.
Aggregate Income
The total amount of income generated by all individuals and entities within an economy over a specific time period.
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