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
C. To maximize their current consumption
You might also like to view...
Which of the following products allows the seller to identify different groups of consumers (segment the market) at virtually no cost?
A) early bird dinner specials B) a pair of Bose speakers C) iPhones D) books sold online
According to the law of supply:
A. more of a good is desired by consumers as the price falls. B. less of a good is desired by consumers as the price rises. C. more of a good will be offered by suppliers as the price rises. D. less of a good will be offered by suppliers as the price rises.