Examlex
When is the Brazelton NBAS generally administered?
Disposable Income
Monetary provision for households to engage in saving and spending after the imposition of income taxes.
Induced Consumption
Refers to the portion of consumer spending that changes in response to changes in income levels, typically increasing as disposable income rises.
Dissaving
The action of spending more money than received as income, typically by drawing down savings or borrowing.
45-Degree Line
In economics, a graphical representation used in Keynesian cross diagrams, where the line represents points where aggregate expenditure equals national income.
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