Examlex
Which of the following statements is TRUE?
Total Saving
The sum of personal, business, and government savings within an economy.
APS
Average Propensity to Save (APS) is the ratio of total savings to total disposable income, indicating the portion of income that households save rather than spend.
Total Saving
The total amount of income saved by individuals, businesses, and the government, not spent on current consumption.
Disposable Income
The amount of income left for an individual or household after paying all taxes, available for spending, saving, or investing.
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