Saving Is Always Equal to

question 114

Multiple Choice

Saving is always equal to

• A) planned investment less unintended increases in inventories.
• B) actual investment.
• C) planned investment.
• D) unintended changes in inventories.

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Definitions:

Liability Increase

A financial situation where the obligations or debts of a person or company grow.

Personal-Use Asset

An asset primarily used for the personal enjoyment or needs of an individual or family, as opposed to business or investment use.

FMV

Fair Market Value (FMV) is the price that property would sell for on the open market, between a willing buyer and seller, with neither being under any pressure to buy or sell.

Date of Contribution

The specific day on which an asset or financial investment was contributed or transferred to a particular entity or project.