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Ten-month-old Hannah is shown a stuffed sheep,and then it is hidden under a blanket.Which statement is true?
Saving
The process of setting aside a portion of current income for future use, or the funds that have been set aside for such purposes.
Disposable Income
Financial holdings households can direct towards spending and saving activities after tax deductions.
Consumption
The act of using up goods and services to satisfy human needs and wants, considered a principal component of GDP.
Durable Goods
Goods that are intended to last for a long period of time, such as cars, appliances, and furniture, typically requiring more significant investment than non-durable goods.
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