Which of the Following Is FALSE About Saving

question 47

Multiple Choice

Which of the following is FALSE about saving?

• A) Saving equals wealth minus consumption expenditures.
• B) Saving is the source of funds used to finance investment.
• C) Saving adds to wealth.
• D) Income left after paying taxes can either be consumed or saved.

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Definitions:

Federal Troops

Military forces operated and maintained by the federal government of a country.

Constitutional

Relating to the governing laws and principles that define the structure, roles, and powers of a government, typically outlined in a written constitution.

State Government

The governing authority of a state within a country, responsible for implementing local laws, policies, and managing public services and resources.

Presidential Emergency Power

Special authority granted to the President during times of national crisis, allowing for actions not normally permitted.