Which of the following groups is the principal source of savings in an economy?
A) banks
B) government
C) businesses
D) households

Name: Which of the following groups is the principal source of savings in an economy? A) banks B) government C) businesses D) households
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

Households are the principal source of savings in an economy as they have disposable income that can be saved and invested. Banks, government, and businesses also save, but not to the same extent as households.

Which of the Following Groups Is the Principal Source of Savings