The three broad reasons for saving, as identified by economists, relate to:
A)consumption, investment, and exports.
B)national, public, and private production.
C)the life-cycle, precaution, and bequests.
D)capital gains, capital losses, and deficits.

Question

Quizplus · Accepted Answer

Households save for retirement, to meet unexpected conditions and to leave money to heirs or organizations like colleges, churches and charities.

The Three Broad Reasons for Saving, as Identified by Economists