Examlex
If an interviewee has asked a question but was not given a clear response by the interviewer,it would not be a good idea to probe for further information.
Saving
The portion of income not spent on current consumption but reserved for future use.
Total Income
The aggregate amount of income received by an individual or household from all sources before taxes or deductions.
Utility Function
A mathematical representation of how a consumer derives satisfaction or utility from consuming various amounts of goods or services.
Demand Function
A mathematical relationship that illustrates the quantity of a product or service consumers are willing to buy at various prices.
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