Examlex
According to the stages of change model, people go through five stages of intentional behaviour change in the following order:
APS
Average Propensity to Save (APS) is the ratio of total savings to total disposable income, indicating the portion of income that households save rather than spend.
Total Saving
The total amount of income saved by individuals, businesses, and the government, not spent on current consumption.
Disposable Income
The amount of income left for an individual or household after paying all taxes, available for spending, saving, or investing.
Autonomous Consumption
The level of consumption that occurs when income is zero, showing the basic level of consumption necessary for survival.
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