Saving Equals

question 216

Multiple Choice

Saving equals

• A) disposable income minus consumption expenditure.
• B) disposable income plus consumption expenditure.
• C) disposable income minus taxes.
• D) consumption expenditure minus disposable income.

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Definitions:

Bond

A debt security under which the issuer owes the holder a debt and is obliged to pay interest and/or to repay the principal at a later date.

Risk Level

The degree of uncertainty and/or potential financial loss inherent in an investment decision or policy.

Operating Leases

A lease agreement allowing a company to use an asset without ownership, typically with shorter terms, where the lessor bears the risk of obsolescence.

Noncancelable

A contract or agreement that does not allow for cancellation before its set expiration or end date.