The Percentage of Disposable Income That Is Saved by Canadian

question 82

Multiple Choice

The percentage of disposable income that is saved by Canadian households has been changing over time.In 2017,it was estimated to be about ________ percent.

• A)0
• B)4
• C)15
• D)20
• E)25

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Definitions:

Derivatives

Financial contracts whose value is based on the performance of an underlying asset, index, or interest rate, used for hedging risks or speculating.

Financially Sound

A description of an entity's state when it has stable financial health, showing both short-term liquidity and long-term solvency.

Financially Distressed

The situation in which a company or individual cannot meet or has difficulty paying off financial obligations.

Financial Risk

The equity risk that comes from the financial policy (i.e., capital structure) of the firm.