All of the Following Are Examples of the "Savings Objective

question 23

Multiple Choice

All of the following are examples of the "savings objective" of investment except:

• A) A 25-year-old planning to be able to buy a house in 5 years.
• B) A 30-year-old planning to be able to pay for her children's college in 15 years.
• C) A 40-year-old planning for retirement in 25 years.
• D) A 65-year-old planning how to use his wealth to support himself now that he is retired.

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Definitions:

Biases

Inclinations or prejudices for or against one person or group, especially in a way considered to be unfair.

U.S. Bureau of Labor Statistics

A federal agency that collects and analyzes essential economic information related to labor market activity, working conditions, and price changes in the economy.

American Companies

refer to business enterprises based in the United States, known for their influence on the global economy and innovation in various sectors.

Overseas Companies

Businesses that operate outside their home country, engaging in international trade or services.