What Are Savings

question 18

Multiple Choice

What are savings?

• A)Additions or subtractions from debt.
• B)Outlays on household related matters that provide benefit beyond the current year.
• C)The day-to-day financial functions of the household.
• D)Cash flows that come from changes in debt.
• E)None of the above.

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Definitions:

Attitude

A psychological construct representing an individual’s degree of like or dislike for an item, which influences their reactions and decisions.

Zimbardo's Research

A series of studies focused on understanding human behavior, particularly known for the Stanford Prison Experiment which explored the psychological effects of perceived power.

Reliability

The consistency and dependability of a measure or tool over time, indicating its ability to produce stable and accurate results.

Legitimate Reasons

Valid, logical, or justifiable grounds for an action, belief, or decision.