Multiple Choice
Which of the following is FALSE about saving?
A) Saving equals wealth minus consumption expenditures.
B) Saving is the source of funds used to finance investment.
C) Saving adds to wealth.
D) Income left after paying taxes can either be consumed or saved.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q42: At the beginning of the year, Tom's
Q43: If the real interest rate is 4
Q44: In January 2009, suppose that a share
Q45: If you lend a dollar for a
Q46: If the government runs a budget deficit,
Q49: According to the Ricardo- Barro effect, government
Q51: Suppose the current real interest rate is
Q52: If the Ricardo- Barro effect occurs, an
Q105: In 2008, Australia had a government budget
Q146: How does the real interest affect households'