Saving is
A)income not spent on consumption.
B)income spent on investment goods and financial assets.
C)income invested in financial assets only.
D)None of the above.

Question

Quizplus · Accepted Answer

Saving is income not spent on consumption, meaning it is income that is set aside for future use or investment. Option B is incomplete because it only mentions investment goods and financial assets, but does not include the possibility of saving without investing. Option C is too narrow in its definition of saving as only investing in financial assets.

Saving Is