Question

That part of income, which is not spent on consumption, is called _________. (expenditure / saving / investment / public debt), Fill in the blank with appropriate alternative given in the bracket.

Answer 1

hey dear,,,,,

here is your answer....

✔the part of income which is not spent on consumption is called SAVING

...ALONE BUT HAPPY.....

hope it helps you!!!!

Answer 2

Answer:

In this question,

We have to fill in the blanks using the appropriate option

That part of income, which is not spent on Consumption, is called Savings.

People generally save money to meet the unforeseen expenditure which may occur in the future. Savings are mostly done in a savings account. People also save money for buying a Capital asset such as home or investing in Share market etc.