Examlex
__________ firm views the world as one market and emphasizes cultural similarities across countries or universal consumer needs and wants more than differences.
MPS
The marginal propensity to save, which is the fraction of an increase in income that is saved rather than spent.
Milton Friedman
An American economist known for his strong belief in free-market capitalism.
Permanent
Something that is meant to last or continue indefinitely without change.
Disposable Income
Refers to the sum of money available to families for spending and saving purposes once income taxes have been deducted.
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