Personal Saving Is Equal to

question 182

Multiple Choice

Personal saving is equal to

• A) disposable income plus consumption.
• B) consumption minus disposable income.
• C) disposable income minus consumption.
• D) consumption divided by disposable income.

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Definitions:

Cost-Effective

Describes a process, method, or system that provides the best possible outcome or value for the money spent.

Potential Consumers

Individuals or groups who are likely to buy a product or service but have not yet made the purchase.

Retail Price

The total cost that a customer pays for a product or service when purchased through a retail channel, including overheads and profit margins.

Structural Risk

A measure of a firm’s difficulty when relationships with vendors do not work as expected.