According to One Survey Most South Africans Said They Were

question 43

Multiple Choice

According to one survey most South Africans said they were not saving enough for retirement. This example of inconsistency over time

• A) is rational behaviour.
• B) likely occurs because saving requires a sacrifice in the present for a reward in the distant future.
• C) likely occurs because South Africans don't care about retirement.
• D) definitely would not happen if South Africans earned a greater return on their investments.

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Definitions:

Thousands of Dollars

A unit of monetary measurement used to express large sums of money, often in economic, financial, or budgetary contexts.

60th Percentile

A value below which 60 percent of the data in a data set falls, used as a measure of distribution.

Weights of Police Officers

Specific data concerning the body mass of individuals serving in a police force.

Pounds

A unit of weight in the imperial system, equivalent to 0.453592 kilograms.