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What would be the major product of the following reaction sequence?
Japan
A country located in East Asia, known for its rich culture, technological advancements, and as the world's third-largest economy by nominal GDP.
Negative APS
Refers to a situation where average propensity to save is below zero, indicating that consumption exceeds income, leading to dissavings.
Disposable Income
The net income available to an individual or household after taxes have been deducted, used for savings or spending on goods and services.
Induced Consumption
An increase in spending on goods and services caused by an increase in income, reflecting a direct relationship between income levels and consumer spending.
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