Mbombo, also known as Bumba or Mbongo, is the god of creation in the religion and mythology of...
2016-07-10T02:34:35-04:00. The answer to the question above is letter C. The income that is not used for consumption is called a SAVINGS. Saving consist of the amount left over when the cost of a person's consumer expenditure is subtracted from the amount of disposable income he or she earns. This question is archived.
For example, the part of a person's income that is spent on mortgage loan principal repayments is not spent on present consumption and is therefore saving by the above definition, even though people do not always think of repaying a loan as saving.