Which of the Following Is FALSE About Saving

question 29

Multiple Choice

Which of the following is FALSE about saving?

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

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Definitions:

Codependent

A psychological condition where a person relies on another's needs or control to the detriment of their own wellbeing.

Alcoholic

An individual who suffers from alcoholism, displaying a physical and emotional dependence on alcohol.

Managing Health

The process of overseeing and directing health-related activities, including prevention, treatment, and maintenance of overall well-being.

Awareness

The state of being conscious or knowledgeable about a particular issue or fact.