Define saving
What will be an ideal response?
is generated when current consumption is less than current output (or when current spending is less than current income). The economic term used to define a situation where current consumption is more than current output (or current spending is more than current income) is dis saving.
Economics
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What are the most important characteristics that have shaped Brazil's economic and social progress during the last three decades?
What will be an ideal response?
Economics
The risk-shifting problem tends to be __________ for __________ firms than for __________ firms
A) greater; small; large B) greater; large; small C) the same; large; small D) None of the above.
Economics