Induced Saving

question 138

Multiple Choice

Induced saving

• A)is that part of saving that is inversely related to the interest rate
• B)plus autonomous saving equals disposable income
• C)is that portion of saving that is directly related to income
• D)is less than disposable income at every level of income
• E)equals autonomous saving at every income level

---

Definitions:

Active Listening Skills

The ability to fully concentrate, understand, respond to, and remember what is being said in conversation.

Communication Tool

A medium or instrument that facilitates the exchange of information or messages between individuals or groups.

E-mail

A system for sending messages from one individual to another via telecommunications links between computers or mobile devices.

Effective Listening

The practice of actively paying attention, understanding, remembering, interpreting, evaluating, and responding to what is being said.