Asked by
Helan Thapa Magar
on Nov 30, 2024Verified
When disposable income is 1,000,saving is
A) 500
B) 400
C) -500
D) -400
Disposable Income
The sum of money households can spend or save once income taxes have been deducted.
Saving
The process of setting aside a portion of current income for future use, typically to achieve long-term financial goals or provide a safety net.
- Investigate the connection between savings, investment, and economic development.
Verified Answer
CS
Learning Objectives
- Investigate the connection between savings, investment, and economic development.