Which of the following is NOT a reason people save?
A) To reach consumption bundles in the future that would otherwise be unattainable
B) To protect against unforeseen expenses
C) To maximize their current consumption
D) To earn additional money on unused income

Question

Quizplus · Accepted Answer

Saving is done to reach consumption goals that may not be achievable in the present or to protect against unforeseen expenses. It is not typically done to maximize current consumption, as that would be spending rather than saving. Earning additional money on unused income is a possible reason for saving, such as investing, but it is not the only reason.

Which of the Following Is NOT a Reason People Save