The Difference Between Savings and Saving

question 287

Multiple Choice

The difference between savings and saving

• A)is nonexistent.
• B)is that savings occurs when consumption does not and saving is used to purchase consumption goods.
• C)is that savings is a stock concept and saving is a flow concept.
• D)is that savings is measured in real terms while saving is measured in nominal terms.

---

Definitions:

Price Of X

Refers to the monetary value or cost required to purchase a specific good or service denoted as "X".

Price Of Y

The cost at which a particular good, referred to as "Y" in economic models, is sold or purchased in the market.

Commodity 1

an economic term referring to a raw material or primary agricultural product that can be bought and sold, denoted here as the first in a series or category.

Commodity 2

Another generic term for any good or service, used distinctively from "Commodity X" in economic analysis.