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

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Asked 4/26/2016 7:51:50 AM

Updated 5/29/2016 1:53:55 AM

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alfred123

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

Added 5/29/2016 1:53:55 AM

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Confirmed by jeifunk [5/29/2016 1:58:41 AM]

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