Which age group typically has the highest savings rate?
A)Young people
B)Middle-aged people
C)Elderly people
D)Savings rates are approximately the same for all age groups.

Name: Which age group typically has the highest savings rate? A)Young people B)Middle-aged people C)Elderly people D)Savings rates are approximately the same for all age groups.
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Question

Quizplus · Accepted Answer

Middle-aged people typically have the highest savings rate because they are often at their peak earning years and are focused on saving for retirement.

Which Age Group Typically Has the Highest Savings Rate