Which of the Following Statements About Dissaving Is the Most

question 128

Multiple Choice

Which of the following statements about dissaving is the most accurate?

• A)Dissaving occurs when people stop saving.
• B)Dissaving is more likely to occur among middle-aged people than among people in other age groups.
• C)Individuals are dissaving when the amount they consume plus their taxes exceeds their income.
• D)Dissaving only happens with the government.
• E)Dissaving only occurs with the young.

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Definitions:

Units Sold

The total quantity of products that a company has sold to its customers during a particular time frame.

Net Income

The total earnings of a company after all expenses and taxes have been deducted from revenue.

Contribution Margin

The amount remaining from sales revenue after variable expenses are deducted, used to cover fixed costs and generate profits.

Gross Margin

Gross Margin is the difference between revenue and the cost of goods sold, divided by revenue, expressed as a percentage. It indicates the percentage of revenue that exceeds the cost of goods sold.