QUESTION IMAGE
Question
pregunta 19 (1 punto)
condition that exists when a persons income & resources doesnt allow them to achieve a minimum standard of living is ____.
a welfare
b poverty
c unemployment
d inflation
pregunta 20 (1 punto)
income that is not used for consumption is called ____.
a financial asset
b investment
c saving
d financial market
Response
definition provided.
- Pregunta 20: Saving is specifically the portion of income that is not spent on consumption. A financial asset is a store of value, investment is spending on capital goods, and a financial market is a platform for trading assets, which do not fit the given definition.
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definition provided.
- Pregunta 20: Saving is specifically the portion of income that is not spent on consumption. A financial asset is a store of value, investment is spending on capital goods, and a financial market is a platform for trading assets, which do not fit the given definition.