The term saving is a flow concept while the term savings is a stock concept.
a. True
b. False
Indicate whether the statement is true or false
Question 2
Other things remaining the same, an individual demand schedule shows the various quantities of a good:
a. that a person wants and is able to purchase at alternative prices.
b. that are demanded with a change in the quantity demanded of a substitute good.
c. that a person is able to purchase at alternative income levels.
d. that are demanded at various levels of utility.
e. that are demanded by the market at various prices.