Examlex
Which of the following statements is true?
Consumption
refers to the total amount of goods and services bought and used by households and individuals.
Savings Rate
The portion of disposable income not spent on consumption of goods and services but saved or invested, usually expressed as a percentage of disposable income.
Consumption
Consumption refers to the use of goods and services by households for personal satisfaction or living standards.
Credit Availability
Refers to the ease with which individuals or businesses can obtain loans or credit from financial institutions.
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