Which of the Following Is the Smallest in Terms of Dollar

question 140

Multiple Choice

Which of the following is the smallest in terms of dollar amount in Canada?

• A)disposable income
• B)personal income
• C)gross domestic product
• D)gross national product

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Definitions:

Loanable Funds

Financial resources available for borrowing, consisting of the savings of individuals, businesses, and the government.

Saving

The process of setting aside a portion of current income for future use or for investment.

Investment

The distribution of assets, typically financial, with the aim of earning revenue or gains.

Private Saving

The portion of households' disposable incomes that is not spent on consumption but saved for future use.