Q.

Which of the following relations always holds true?

A. Income = Consumption + Investment
B. Income = Consumption + Saving
C. Saving = Investment
D. Income = Consumption + Saving + Investment
Answer» B. Income = Consumption + Saving
Explanation: Consumers do one of two things with their disposable income: They save it or they spend it. So Income = Consumption + Saving.
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Economics (GK)

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