When a Family Has the Ability to Save and Borrow

question 57

True/False

When a family has the ability to save and borrow, it is more likely to be able to buffer itself from transitory changes in income.

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Definitions:

High Conformers

Individuals who tend to adapt their behaviors, beliefs, and attitudes to align closely with the norms or standards of their group or society.

Independently

Acting or making decisions without influence or assistance from others, relying on one's own capabilities.

Cause Conflict

To evoke a disagreement or argument, typically by being the underlying reason or instigator of the discord.

Passive People

People who often accept events or others' actions passively, without actively responding or opposing.