If income and consumption are equal,saving must be:
A) zero.
B) positive and rising.
C) positive and remaining relatively constant.
D) negative.
Correct Answer:
Verified
Q8: Savings is:
A) the purchase of new capital
Q9: When a person's income is greater than
Q10: On the basis of their role in
Q11: Which of the following is NOT considered
Q12: Savings is defined as:
A) income not spent
Q14: Investment is:
A) the purchase of new capital
Q15: The AIDS epidemic _ the savings rate
Q16: In financial markets,which group best represents the
Q17: Investment is defined as:
A) income not spent
Q18: Individuals typically enjoy _ consumption.
A) volatile
B) periodic
C)
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