Why do people save during their working lifetimes?
A) So they do not have to drastically reduce their consumption once they retire.
B) To consume later in life.
C) To take precautionary measures in case of job loss.
D) Each of these answers is correct.
Correct Answer:
Verified
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Q8: Savings is:
A) the purchase of new capital
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A)
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A) save
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