Savings is defined as
A) cash balances in savings accounts.
B) accumulated wealth.
C) the portion of income not spent on current consumption.
D) current consumption minus current debt.
Ans: C) the portion of income not spent on current consumption.
Business
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In group development, the real work of the group gets accomplished during which stage?
A. Forming B. Adjourning C. Performing D. Storming E. Norming
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Under current law, the statutory period for patent protection begins to run at the time that:
A) The patent application is filed. B) A working model for the invention is completed. C) The Patent and Trademark Office issues the patent. D) The inventor finalizes the idea for the patent. E) The first unit of the patented invention is sold.
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