The Current Average Savings Rate for All U

question 79

Multiple Choice

The current average savings rate for all U.S.families is generally in the range of:

• A)10 to 20%.
• B)5 to 10%.
• C)0 to 5%.
• D)0 to - 5%.

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Definitions:

Acquire

To gain possession or ownership of an item, skill, or knowledge through purchase, effort, or experience.

Take-Over

The act of gaining control or ownership of something, such as a company or territory, often through financial acquisition or force.

Distributive Justice

A principle concerned with the fair and equitable distribution of benefits and resources among individuals in a society.

Primates

A group of mammals that includes humans, apes, monkeys, and others, characterized by relatively large brains, forward-facing eyes, and complex social behaviors.