National Saving Is Defined as

question 93

Multiple Choice

National saving is defined as

• A) the saving by the federal government.
• B) saving by households and businesses plus government saving.
• C) the total amount of household saving.
• D) None of the above answers are correct.

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Definitions:

Capitalize

To record a cost as a long-term asset rather than an expense, spreading the cost over its useful life.

Amortize

To amortize means to gradually pay off or write down the cost of an asset or debt over a period, often through regular payments.

Immediate Write-Off

The process of fully expensing an asset or expenditure in the current period instead of spreading its cost over its useful life.

Capitalize

To record an expenditure as an asset on the balance sheet rather than expensing it, in order to spread the cost over its useful life.