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:

Organisational Designs

The process of shaping an organization’s structure, roles, and networks to effectively manage and coordinate activities towards achieving its objectives.

Flexibility

The ability to adapt to changing circumstances, adjust to new instructions or conditions, and remain effective in a variety of situations.

Customers

Individuals or entities that purchase goods or services produced by a business.

Consumer Groups

Organizations or collectives that advocate for the rights and interests of consumers, often focusing on issues like product safety, quality, and fair pricing.