Examlex
_________________ involves the collection of accurate facts or data regarding the nature of crime and criminal justice policy.
Consumption Function
An economic formula representing the relationship between total consumption and gross national income.
Income Rises
An increase in the amount of money received by households or individuals over a period of time.
Level Of Consumption
The total amount of goods and services consumed by households over a certain period.
MPC
Marginal Propensity to Consume, which is the proportion of an increase in income that gets spent on consumption.
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