What is the proportion of saved disposable income called?

Social Studies

2 answers:

oksian1 [2.3K]3 years ago

7 0

It is called a savings rate.

umka2103 [35]3 years ago

6 0

The proportion of saved disposable income called <u>"savings rate".</u>

A savings rate is the measure of cash, expressed as a rate or proportion, that a man deducts from his dispensable individual pay to set aside as a savings or for retirement. The money accumulated is commonly put into generally safe ventures (contingent upon different factors, for example, expected time until retirement), like a currency advertise finance or an individual retirement account (IRA) made out of non-aggressive shared assets, stocks and bonds.

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