Asked by
Kayla Sleeper
on Oct 12, 2024Verified
Gross saving is the total of
A) personal saving and business saving.
B) personal saving and government saving.
C) business saving and government saving.
D) personal,business,and government saving.
Gross Saving
Gross Saving is the total amount of savings made within an economy before any deductions for depreciation or consumption.
Business Saving
Business Saving involves the retention of profits by a business after paying taxes and dividends, meant for future investment or to cover future expenses.
- Investigate determinants that impact rates of savings, investment, and economic development.
Verified Answer
SA
Learning Objectives
- Investigate determinants that impact rates of savings, investment, and economic development.