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Average Propensity
Average Propensity refers to the average tendency of individuals or entities, such as the average propensity to consume or save, measured over a specific period or income level.
Disposable Income
The available cash reserves for households to spend and save once taxes on income have been settled.
Consumption
The use of goods and services by households; an economic activity that represents spending by consumers.
Average Propensity
The ratio of total consumption to total income, indicating the average tendency of consumers to spend their income.
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