Examlex
Select the correct description for each of the abbreviations.
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Disposable Income
Disposable income is essentially the finance available for individuals or families to save or expend after all income tax charges have been subtracted.
Autonomous Consumption
Consumer spending that does not depend on current income, influenced instead by factors like wealth and basic needs.
Autonomous Consumption
The level of consumption that occurs when income is zero, representing the expenditures needed to meet basic needs.
Disposable Income
The available sum for households to allocate on spending and saving post the deduction of income taxes.
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