The portion of income that is not immediately spent on consumption of goods and services is:
A) savings.
B) consumption spending.
C) investment.
D) loanable funds.

Question

Quizplus · Accepted Answer

The portion of income that is not immediately spent on consumption of goods and services is referred to as savings. This can be saved through putting money into a savings account, purchasing stocks, or other forms of investment.

The Portion of Income That Is Not Immediately Spent on Consumption