An example of forgoing present benefits in order to receive future benefits is
A) production.
B) saving.
C) consumption.
D) growth.

Name: An example of forgoing present benefits in order to receive future benefits is A) production. B) saving. C) consumption. D) growth.
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Question

Quizplus · Accepted Answer

Saving involves setting aside resources or money now in order to benefit from them in the future, often through investment or earning interest, which aligns with the concept of forgoing present benefits for future gains.

An Example of Forgoing Present Benefits in Order to Receive