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What Is the Pure Life Cycle Motive

Question 15

Multiple Choice

What is the pure life cycle motive?


A) To take advantage of investment opportunities that can make achievement of our financial goals easier.
B) To provide monies for the down payment or full purchase of longer-lived assets such as durable goods or educational expenditures.
C) To provide monies to even out differences in earnings over time.
D) To provide a fund to cover future uncertainties such as fluctuating income,sickness,inflationary effects on expenditures,etc.
E) To sacrifice today so that your future lifestyle can improve.

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