The Personal Saving Rate Is

question 138

Multiple Choice

The personal saving rate is

• A) the difference between total personal spending and personal saving.
• B) the difference between personal income and disposable personal income.
• C) the ratio of personal income to personal saving.
• D) the percentage of disposable personal income that is saved.

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Definitions:

Operating Profit

Money made from the essential business functions of a firm, excluding the removal of interest and tax costs.

Menswear

Clothing and apparel specifically designed for men, encompassing a range of items such as suits, trousers, shirts, and footwear.

Photography Equipment

Tools, machines, and accessories used for taking photographs, such as cameras, lenses, lighting, and tripods.

Invoice

A document issued by a seller to a buyer that lists goods or services provided, the costs, and the payment terms.