Households Will Choose to Save More If

question 113

Multiple Choice

Households will choose to save more if

• A)expected future income decreases.
• B)current disposable income increases.
• C)current disposable income decreases.
• D)Both A and B are correct.
• E)Both A and C are correct.

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Definitions:

January

The first month of the year in the Gregorian calendar, often associated with new beginnings and resolutions.

Biweekly Salaries

Salary payments made to employees every two weeks, often resulting in 26 pay periods in a year.

Fiscal Period

A specific time frame, usually a year, used for accounting purposes and preparation of financial statements.

Payroll

The total amount paid to employees for a certain period.