Saving and Borrowing Is Indicative of a Family That

question 362

Multiple Choice

Saving and borrowing is indicative of a family that

• A)is most likely to be poor.
• B)has a difficult time balancing its standard of living.
• C)does not adjust its standard of living to reflect transitory changes in income.
• D)is most likely millionaires.

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Definitions:

Grades

Marks or scores assigned to individual pieces of student work or to an overall academic performance to evaluate proficiency.

Correlation

A measure of the strength and direction of a relationship between two variables.

Positive Correlation

A relationship between two variables where an increase in one variable is associated with an increase in the other.

Negative Correlation

A connection in which two variables move inversely, with one ascending as the other descends.