"Saving" refers to ____ while "savings" refers to ____.
A)a stock concept; a flow concept
B)how much is saved within a certain time period; accumulated assets
C)a stock concept; accumulated assets
D)how much is saved within a certain time period; a flow concept

Question

"Saving" refers to ____ while "savings" refers to ____.
A)​a stock concept; a flow concept
B)​how much is saved within a certain time period; accumulated assets
C)​a stock concept; accumulated assets
D)​how much is saved within a certain time period; a flow concept

Quizplus · Accepted Answer

"Saving" is the act of setting aside money from income over a period of time, thus it refers to how much is saved within a certain time period. "Savings," on the other hand, refers to the total accumulated amount of money that has been saved, thus representing accumulated assets.

"Saving" Refers to ____ While "Savings" Refers to ____

"Saving" Refers to While "Savings" Refers to