Define the term savings as it is used in economics. A. income that is not used for consumption B. money that is spent during a depression C. revenue that is stored for later consumption D. profit that is used for capital deepening

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Asked 1/9/2013 9:03:50 AM

Updated 3/9/2017 12:15:35 AM

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User: Define the term savings as it is used in economics. A. income that is not used for consumption B. money that is spent during a depression C. revenue that is stored for later consumption D. profit that is used for capital deepening

Weegy: C. revenue that is stored for later consumption
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Question

Asked 1/9/2013 9:03:50 AM

Updated 3/9/2017 12:15:35 AM

1 Answer/Comment

This conversation has been flagged as incorrect.

Flagged by Kentink [3/9/2017 12:15:35 AM]

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Kentink

The term savings as it is used in economics is income that is not used for consumption.

Added 3/9/2017 12:15:33 AM

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Confirmed by yumdrea [3/9/2017 1:23:34 PM]

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"Devaluating wealth" means that A. people can buy less than they did before. B. money can buy more than it did before. C. people can buy more than it did before. D. money can buy less than it did before.

Weegy: "Devaluating wealth" means that money can buy less than it did before. (More)

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Updated 10/31/2014 5:45:50 AM

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What do economists call the highest point of an economic expansion? A. peak B. trough C. apex D. summit

Weegy: Peak is the highest point of economic expansion. User: Define the term recession. A. a shortened economic trough B. a prolonged economic contraction C. a shortened economic expansion D. a prolonged period of stagflation (More)

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Updated 3/6/2016 12:48:59 AM

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yumdrea

The term recession is: a prolonged economic contraction.

Added 3/6/2016 12:48:59 AM

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Which economist theorized that depression will occur when the economic cycle is broken? A. Adam Smith B. Jules Dupuit C. Alfred Marshall D. John Maynard Keynes

Weegy: C. Alfred Marshall (More)

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Updated 6/30/2016 4:01:16 PM

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Andrew.

John Maynard Keynes theorized that depression will occur when the economic cycle is broken.

Added 6/30/2016 4:01:10 PM

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