Which of the Following Is NOT a Reason Individuals Typically

question 54

Multiple Choice

Which of the following is NOT a reason individuals typically choose to save?

• A) to smooth their consumption over the life cycle
• B) to offset fluctuations in income
• C) as a way to transfer income from good times to bad times
• D) to increase investment

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Definitions:

Rating

The process of assessing or evaluating something based on a set standard or scale.

Training

A systematic approach to enhance the knowledge, skills, and competencies of employees to improve their job performance.

Rater Errors

Biases or inaccuracies that occur when individuals are evaluating or assessing others' performances or traits.

Performance Appraisals

The evaluation of an employee's job performance, typically conducted regularly to assess contributions and determine areas for improvement.