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Choose the correct term for the definition: Total personal income minus personal current taxes. A measure of how much households can spend on personal consumption

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Choose the correct term for the definition: Total personal income minus personal current taxes. A measure of how much households can spend on personal consumption without having to tap into their savings. Disposable Personal Income (DPI) Fisher equation O Cost Proprietors Incomepoint possible (graded) Choose the correct definition for the term: Buy Resistance to change of prices paid and charged and quantities bought and sold in the market. In terms of prices, this is called a nominal rigidity. In terms of quantities. this is called a real rigidity. The total hours (adjusted for intensity of effort that workers wish to work at a given real wage rate. To obtain property right in exchange for payment. For given preferences. wages, price level, and wealth levels, this curve depicts how the level of saving by households depends on the real interest rate

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