Saving leads to capital formation and thus makes funds available to finance home construction and industrial expansion.

Name: Saving leads to capital formation and thus makes funds available to finance home construction and industrial expansion.
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

Saving leads to capital formation which means that funds are accumulated and made available to finance various investment activities including home construction and industrial expansion. Therefore, the statement is true.

Saving Leads to Capital Formation and Thus Makes Funds Available