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A split highway has a number of lanes for traffic. For traffic going in one direction, the radius for the inside of the curve is half the radius for the outside. One car, car A, travels on the inside while another car of equal mass, car B, travels at equal speed on the outside of the curve. Which statement about resultant forces on the cars is correct?
Consumption
The process by which goods and services are used by households, contributing to the overall demand in an economy.
Induced Consumption
Induced consumption is the portion of consumer spending that varies with income levels, suggesting that as people earn more, they tend to spend more.
Disposable Income
Household fiscal resources for saving and spending following the deduction of income taxes.
Autonomous Consumption
The level of consumption that occurs when income is zero, representing the expenses that consumers must make for basic needs regardless of their income.
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