Why Do People Save During Their Working Lifetimes

question 125

Multiple Choice

Why do people save during their working lifetimes?

• A) They save for retirement especially if average life expectancy is higher.
• B) They save to prepare for those periods of unemployment.
• C) They may want to save for unexpected hospitalizations and illnesses.
• D) Each of these answers provides a valid explanation for why people save.

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Definitions:

Hibernate Mode

A low-power state used in computing devices that saves information in RAM to non-volatile memory such as a hard drive or flash media.

Sleep Mode

A low power state that allows a device to be “woken up” and resumed faster than with a cold start.

Hard Drive

A data storage device used for storing and retrieving digital information using rapidly rotating discs.

Msinfo32

A Windows command used to bring up the System Information window from a command prompt. The System Information window contains details about hardware and hardware configurations as well as software and software drivers.