The Terms "Saving" and "Savings" Differ in That

question 226

Multiple Choice

The terms "saving" and "savings" differ in that

• A) saving is a stock, and savings are a flow.
• B) saving always exceeds savings.
• C) savings are a stock, and saving is a flow.
• D) savings can be negative, but saving cannot.

---

Definitions:

Aggregates

A broad category of coarse to medium-grained particulate material used in construction, including sand, gravel, crushed stone, slag, and recycled concrete.

Opportunity Cost

Opting for one opportunity causes the relinquishment of possible gains from not selected alternatives.

Production Possibilities Curve

The Production Possibilities Curve (PPC) is a graphical representation that shows the maximum quantity of two goods or services that can be produced with limited resources.

Future Location

Refers to a place where something is expected or planned to be situated at a later time.