Saving refers to ____ while savings refers to ____.
a. a stock concept; a flow concept
b. how much is saved within a certain time period; accumulated assets
c. a stock concept; accumulated assets
d. how much is saved within a certain time period; a flow concept
Question 2
Other things remaining the same, if a large part of the population decided against having soda for health reasons, there would be a(n):
a. increase in the quantity of soda supplied.
b. increase in the quantity supplied of complements like fries and burgers.
c. decrease in the price of soda.
d. rightward shift of the demand curve for soda.
e. decrease in the quantity demanded of substitutes like mineral water.