Which of the following is NOT a reason individuals typically choose to save?
A) to smooth their consumption over the life cycle
B) to offset fluctuations in income
C) as a way to transfer income from good times to bad times
D) to increase investment

Question

Quizplus · Accepted Answer

Saving is not typically done with the intention of increasing investment. Investment is a separate financial strategy that often involves assuming some level of risk with the hope of earning a return. Saving refers to setting aside funds for future use, typically with a low level of risk involved.

Which of the Following Is NOT a Reason Individuals Typically