Economics A-Level
Saving
What Saving means in Economics A-Level, as defined for AQA.
Definitions of Saving
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Reference: AQA
The portion of disposable income not spent on current consumption, acting as a withdrawal from the circular flow of income and typically undertaken by households.
The flow of disposable income not spent on current consumption, as distinct from savings, the accumulated stock of wealth.
Topics that use Saving
- The determinants of aggregate demand (AQA A-Level)
Related terms
- Aggregate demand
- Circular flow of income
- Exchange rates
- Interest rates
- Investment
- Macroeconomic objectives
- Net exports
- Price level
Using Saving in the exam
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