Examlex
The basic building blocks of language that are used to form words are called
Induced Consumption
The portion of consumption that changes as a result of changes in income, with higher incomes leading to increased consumption.
Autonomous Consumption
The amount of consumption that occurs regardless of current income levels, reflecting basic spending needed to survive.
Saving
The portion of income not spent on consumption but kept aside for future use, which may be invested to generate wealth.
Disposable Income
The amount households can devote to saving and spending once income taxes have been factored in.
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