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What is income not used for consumption called?

a. real gdp per capita
b. capital deepening
c. saving

1 Answer

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The answer to the question above is letter C. The income that is not used for consumption is called a SAVINGS. Saving consist of the amount left over when the cost of a person's consumer expenditure is subtracted from the amount of disposable income he or she earns.
User David Valentino
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