Private saving is defined as
A)private disposable income minus consumption.
B)net national product minus consumption.
C)private disposable income minus consumption plus interest.
D)private disposable income minus consumption plus interest plus transfer payments.

Question

Quizplus · Accepted Answer

Private saving is the portion of private disposable income that is not consumed but rather saved or invested, thus Private saving is defined as Private disposable income minus consumption. Option A correctly represents this definition.

Private Saving Is Defined as