The Most Important Determinant of Consumption and Saving Is The

question 40

Multiple Choice

The most important determinant of consumption and saving is the:

• A)level of bank credit.
• B)level of disposable income.
• C)interest rate.
• D)price level.

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Definitions:

Nursing Organization

A professional body representing the interests of nurses and promoting nursing practice standards.

Legislative

Pertains to the branch of government responsible for creating and enacting laws.

Executive

Relating to or having the power to put plans, actions, or laws into effect.

Branch of Government

A division of government with specific responsibilities, such as legislative, executive, or judicial.