Which of the Following Is an Example of the Bequest

question 112

Multiple Choice

Which of the following is an example of the bequest motive for saving?

• A)Pat puts $400 per month in his 401(k)retirement account.
• B)Jordan sets aside $200 per month in case she has to pay for a new roof for her house.
• C)Gerry and Terry put $2,000,000 in a trust fund that will go to their children when they die.
• D)Chris keeps $15,000 in a money market account to pay expenses in case he loses his job.

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Definitions:

Tourism Promotion

The marketing efforts made to attract visitors to a particular place or destination, highlighting its attractions, experiences, and cultural value.

Country Image

The perception of a nation by foreigners based on its culture, politics, economic status, and other factors.

Media Type

Categories or forms of media, including print, digital, broadcast, and social media, each with distinct characteristics and means of conveying information to the public.

Government Control

The extent to which a government has regulatory influence over market operations, societal laws, and public policies.