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Identify and describe three approaches for determining a business' worth.
Disposable Income
Refers to the sum of money available to families for spending and saving purposes once income taxes have been deducted.
APC
Average Propensity to Consume; the ratio of total consumption to total disposable income.
45-Degree Line
A graphical representation in economics, typically used in Keynesian cross diagrams, showing points where aggregate expenditure equals total output or income.
C Line
A reference in economic models, often representing the consumption function, which shows the relationship between consumption and disposable income.
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