The Difference Between "Saving" and "Savings" Is That

question 7

Multiple Choice

The difference between "saving" and "savings" is that

• A) saving is done by households and savings are done by businesses.
• B) saving is undertaken as a precaution against unemployment and savings are undertaken to increase investment spending.
• C) savings are cumulation of past and current saving.
• D) saving is placed in financial institutions such as banks, while savings are kept at home by people.

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Definitions:

External Orientation

A focus on the external world and environment, as opposed to internal thoughts and feelings.

Classical Conditioning

is a learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.

Locus Of Control

Locus of Control is a psychological concept that describes the extent to which individuals believe they have power over the events in their lives, traditionally classified as either internal or external.

Behavior Potential

The likelihood of expressing a particular behavior in a specific situation, dependent on the reinforcement of the behavior.