Which of the Following Is True Regarding the Effect Expected

question 133

Multiple Choice

Which of the following is true regarding the effect expected future income has on saving?
I. As expected future income increases,saving increases.
II. Young people typically save very little.
III. Middle aged people,earning higher incomes,are not very big savers.

• A) I and III
• B) II only
• C) III only
• D) II and III

---

Definitions:

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.

Human Genome

The complete set of nucleic acid sequence for humans, encoded as DNA within the 23 chromosome pairs in cell nuclei and in a small DNA molecule found within individual mitochondria.

Genes

Sequences of DNA that determine characteristics and are inherited from one's parents.

Polygenic

Resulting from many genes.