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Your Secondary Goals When Communicating Bad News Are to Reduce

question 50

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Your secondary goals when communicating bad news are to reduce bad feelings, to convey fairness, and to


Definitions:

Autonomous Consumption

The level of consumption that occurs when income is zero, representing basic necessities that individuals will purchase regardless of their income.

APC

It is defined as the proportion of income that goes into consumption expenses, termed as the Average Propensity to Consume.

Disposable Income

Fiscal assets at households' disposal for spending and saving after income taxes have been subtracted.

Consumption

Households' utilization of both products and services.

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