For households current saving is defined as equal to the difference between current income and current consumption expenditures.

Name: For households current saving is defined as equal to the difference between current income and current consumption expenditures.
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Question

Quizplus · Accepted Answer

Households' current saving is indeed defined as the difference between their current income and their current consumption expenditures, reflecting the portion of income that is not spent on consumption.

For Households Current Saving Is Defined as Equal to the Difference