Examlex
Explain why it takes latent functions to explain why prostitution is so widespread.
Savings Rate
The proportion of disposable income that is saved by households rather than spent, often expressed as a percentage.
Net Exports
The value of a country's total exports minus its total imports, a critical component of a nation's gross domestic product (GDP).
Saving
The act of setting aside a portion of current income for future use, typically by depositing money in savings accounts or investing in securities.
Diminishing Returns
The decrease in the marginal (incremental) output of a production process as the amount of a single factor of production is incrementally increased, keeping all other factors constant.
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