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Fill in the Blank with Appropriate Alternatives Given in the Bracket: the Part of Income Not Spent Is________. - Economics

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प्रश्न

 Fill in the blank with appropriate alternatives given in the bracket: 

The part of income not spent is________. 

विकल्प

  • 1.saving

  • 2.consumption 

  • 3.investment

  • 4.capital

MCQ

उत्तर

The part of income not spent is saving.
Explanation:
Income has two main components i.e., savings and consumption. Thus, if the income is not spent on consumption of goods and services, it is saved by the consumers.

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2010-2011 (March)

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