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because they do not earn the same amount of income

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Pinkie Davis

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2y ago

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Why different income groups might have a different pattern of spending and saving?

because they do not earn the same amount of income


What is expense budget?

a plan for saving and spending different amounts of money during a given time period


What is cost saving?

If something is saving cost it means that you are not spending as much money. Packing a lunch is cost saving because you are not spending as much money to eat lunch out.


Which of the following actions does not promote capital deepening?

saving less and spending more of one's disposable income


Why does investment spending not equal saving in the circular flow?

In the circular flow, investment spending does not equal saving because goods and services are still needed therefor consumption still requires spending in return pays taxes and companies.


How do you solve a liquidity crisis?

stop spending, start saving


Saving and spending spree which one is good?

A spending spree is good for the businesses where you shop. If you are buying what you need and spending within your budget, it is good for you as well. Saving is usually a good thing but some people save too much and make their lives miserable.


How can the economy be fixed?

To fix the economy, we have to stop spending and start saving.


What is the opposite of saving?

Delete / Destroy / Abandon Spend


Where can I go to get information on saving for a vacation?

Saving for a vacation is as simple as saving for anything else. Watch your finances, and try to minimize your spending in order to get the most money quick.


What has the author Alfred Pinhorn written?

Alfred Pinhorn has written: 'Spending and saving'


Advantages of saving money rather than spending it?

Advantages of saving money, rather than spending it would be that when you save it you can then purchase something bigger. Also, if you ever lose a job or something you would then have something to fall back on.