What is the savings rate? a- proportion of disposable income spent to income savedb- percentage of people who save a significant amount of their income c- rate of interest paid on bank account savings d- difference between rate charged to borrow and rate paid on savings

The first answer is correct (A)

Savings are the portion of the National Income that is not used with consumption and transfers, that is, income that has been saved. The savings rate is a measure of the percentage of national income saved in relation to GDP. It means how much GDP has been saved and can be turned into investment.

In economic theory, the concept of savings is synonymous with investment: S = I, that is to say that saving is the country's investment potential, ie the total saved income is the economy's maximum sustainable investment capacity.

Thus, the savings rate is an important indicator of a country's economic development capacity!

yes.

an illinois concealed carry license (ccl) is required to conceal carry a firearm in illinois. the license permits the licensee to carry a concealed loaded or unloaded handgun on his or her person or within a vehicle.

in moral and political philosophy, the social contract is a theory or model that originated during the age of enlightenment and usually concerns the legitimacy of the authority of the state over the individual.

explanation: