Which of the Following Is a Reason Why People Do

question 19

Multiple Choice

Which of the following is a reason why people do not save?

• A) They may be unable to visualize the long-term future.
• B) They may be unable to estimate future revenues or current savings needs correctly.
• C) They may prefer greater spending today rather than in the future.
• D) All of the above.
• E) Only a and c.

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Definitions:

Decision Confirmation

The process by which individuals seek to validate their choices through additional information or feedback from others.

Trial Close

A sales technique where the seller proposes a closing question or statement to gauge the buyer's readiness to complete the purchase.

Purchase Decision

The process by which a consumer selects a product or service over others based on various factors such as need, desire, price, and accessibility.

Limited Temporary Basis

A restricted and short-term arrangement or condition, often applied to agreements, access, or usage rights.