Name Three Distinguishing Characteristics of the "New Immigration

question 13

Short Answer

Name three distinguishing characteristics of the "new immigration"

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Definitions:

Consumption

The utilization of products and services by families.

Marginal Propensity

The ratio of the change in an economic variable, such as consumption or saving, to the change in another, typically income.

Disposable Income

The net financial position of households for spending and saving, after accounting for income taxes.

Consumption

Consumption encompasses the acquisition and use of goods and services by households to satisfy their needs and wants.