Saving and borrowing behaviour is indicative of a family that best fits which description

Question

Quizplus · Accepted Answer

Families that save and borrow in response to transitory changes in income are demonstrating an ability to adjust their standard of living. This suggests that they are not necessarily poor, nor are they struggling to balance their standard of living. It also does not necessarily suggest that they are on the upper end of the income distribution.

Saving and Borrowing Behaviour Is Indicative of a Family That