Practice mode Basic of Economics

Which term refers to income that is saved but not invested?

Correct answer D. Hoarding

Explanation

Hoarding means keeping savings idle as cash or valuables instead of putting them into productive investment, which withdraws money from circulation in the economy.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.