Which of the Following Could Save a Smaller Proportion of Their

question 12

Multiple Choice

Which of the following could save a smaller proportion of their earnings to achieve the same level of wealth as the others?

• A) Social workers
• B) School teachers
• C) Medical doctors
• D) All would save the same percentage of earnings to reach the same level of wealth.

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Definitions:

Apple Computers

A leading technology company known for its innovation in personal computers, smartphones, and consumer electronics, founded by Steve Jobs, Steve Wozniak, and Ronald Wayne.

Price

The amount of money required to purchase a good or service, often determined by supply and demand.

Substitute

A product or service that can be used in place of another to fulfill the same need or desire.

Coffee

A widely enjoyed drink produced from ground, roasted coffee beans, famous for its energizing properties attributed to its caffeine content.