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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
Expert answered|Burcidi|Points 0|

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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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
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [3/9/2017 1:23:34 PM]
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Questions asked by the same visitor
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)
Question
Updated 3/6/2016 12:48:59 AM
1 Answer/Comment

The term recession is: a prolonged economic contraction.

Added 3/6/2016 12:48:59 AM
This answer has been confirmed as correct and helpful.
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)
Question
Updated 6/30/2016 4:01:16 PM
1 Answer/Comment
John Maynard Keynes theorized that depression will occur when the economic cycle is broken.
Added 6/30/2016 4:01:10 PM
This answer has been confirmed as correct and helpful.
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