Answer :
Dissaving occurs when_____consumption exceed income_____.
What causes dissaving?
Negative saving is dissaving. Dissipation occurs when spending exceeds income available for use. This spending can be financed with savings that have already been accumulated, like money in a savings account, or it can be borrowed. As a result, household dissaving equates to a complete reduction in their financial investments.
Spending more than one's income is called dissaving. This can be accomplished by drawing money from a savings account, using a credit card to get cash advances, or taking out a payday loan against future earnings.
In macroeconomics, what is saving?
FINANCE, ECONOMICS. us. spending the money you've saved: When consumption exceeds income, dissaving occurs—essentially the opposite of saving.
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The complete question is as follows:
Complete the following sentence:
Dissaving occurs when__________
