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The difference between savings and saving is called money illusion. is that savings occurs when consumption does not and saving is used to purchase consumption
The difference between savings and saving is called money illusion. is that savings occurs when consumption does not and saving is used to purchase consumption goods. is that savings is a stock concept and saving is a flow concept. is that savings is measured in real terms while saving is measured in nominal terms
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Fundamentals of Managerial Economics
Authors: Mark Hirschey
9th edition
324584830, 978-0324588781, 032458878X, 978-0324584837
