Saving divided by income equals the _______ rate.
A) interest
B) wealth
C) saving
D) income
Correct Answer:
Verified
Q1: Jordan has the following assets and
Q2: Wealth equals:
A)current income minus spending on current
Q3: The saving rate equals saving divided by:
A)wealth.
B)assets.
C)liabilities.
D)income.
Q5: Taylor has the following assets and
Q6: Liabilities are:
A)current income minus spending on current
Q7: Jordan has the following assets and
Q8: Assets minus liabilities equal:
A)saving.
B)investment.
C)wealth.
D)current income minus spending
Q9: Assets are:
A)current income minus spending on current
Q10: Taylor has the following assets and
Q11: Wealth is the same as:
A)net worth.
B)assets.
C)capital gains.
D)savings.
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