Standard of living is defined as the necessities,comforts,and luxuries desired by an individual or a group.
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Q1: A person who has $2,000 monthly income
Q2: The need for financial planning declines as
Q3: Financial planning is a continuing,lifelong process.
Q4: Your average propensity to consume is the
Q5: Average propensity to consume refers to how
Q8: Mutual funds are examples of financial assets.
Q12: Current consumption is inversely related to saving
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