Devin Scott Is Looking for an Investment That Will Provide

question 134

Multiple Choice

Devin Scott is looking for an investment that will provide a predictable source of income.With this goal in mind, which of the following industry groups would normally be classified as an industry to invest in for income?

• A)public utilities
• B)electronics
• C)automobile manufacturing
• D)steel manufacturing
• E)paper manufacturing

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Definitions:

Saving

The portion of income that is not spent on consumption but is kept aside for future use, investments, or emergencies.

Disposable Income

Income remaining after deduction of taxes and social security charges, available to be spent or saved as one wishes.

Consumption Spending

The total money spent by households in an economy on goods and services.