Saving Differs from Savings in That

question 14

Multiple Choice

Saving differs from savings in that

• A) saving is a flow while savings is a stock.
• B) saving is a stock while savings is a flow.
• C) saving is both a flow and a stock while savings is a stock.
• D) saving is a stock while savings is both a flow and a stock.

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Definitions:

Banking Syndicate

A group of banks that come together to jointly finance a large project or loan, sharing the risk.

Economic Depression

A long-term downturn in economic activity characterized by high unemployment, low consumer spending, and a decline in industrial output.

Staggering

Astonishing or deeply shocking in scale, magnitude, or degree.

Suffer

To experience or be subjected to something bad or unpleasant.