Dissaving Means

question 46

Multiple Choice

Dissaving means:

• A)the same thing as disinvesting.
• B)that households are spending in excess of their current incomes.
• C)that saving and investment are equal.
• D)that disposable income is less than zero.

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Definitions:

Gratuitous Agents

Individuals who voluntarily act on behalf of someone else without receiving any compensation in return.

Capacity

The legal ability or competency of an individual or entity to enter into binding contracts, including being of legal age and sound mind.

Delegable Obligations

Responsibilities or duties that can be transferred from one party to another, typically within a contract or legal agreement.

Authorized Agent

an individual or entity that has been legally empowered to act on behalf of another person or entity in business transactions or legal matters.