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What do you understand by the term saving? - Economics

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Question

What do you understand by the term saving?

One Line Answer
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Solution

Saving is the amount that is left after spending on consumption goods.

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Chapter 3: Basic Concepts of Economics - QUESTION BANK [Page 52]

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J. P. Goel and Kaushal Goel Economics [English] Class 9 ICSE
Chapter 3 Basic Concepts of Economics
QUESTION BANK | Q 20. | Page 52
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