Which of the Following Is True of Saving and Investment

question 25

Multiple Choice

Which of the following is true of saving and investment?

• A) There is no relationship between saving and investment; people can invest without having to save.
• B) Saving and investment can never be undertaken together by the same person.
• C) Saving and investment must always be undertaken by the same person.
• D) If investment is going to be undertaken, someone must save.

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Definitions:

Rules of Behavior

Guidelines or principles designed to govern conduct or actions within a specific context or society, often outlining acceptable and unacceptable behaviors.

Authority

The power or right to direct or control someone or something.

Developmentally Changing Competencies

Skills or abilities that evolve or improve over time as a person grows or develops.

Flexibility

The ability to adapt to new, different, or changing requirements and situations.