A household that spends less than it receives in income during a given period is
A) saving.
B) dissaving.
C) running a deficit.
D) receiving transfer payments.

Question

Quizplus · Accepted Answer

When a household spends less than its income, it is saving the difference. This means it has surplus funds after covering its expenses, which can be put into savings accounts, investments, or used for future spending.

A Household That Spends Less Than It Receives in Income