In Terms of Net Worth, Retired People Are Less Wealthy

question 165

True/False

In terms of net worth, retired people are less wealthy than are younger adults who are still working.

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Definitions:

Personal Attribution

The process of ascribing the cause or reason for someone’s behavior to their personal characteristics or dispositions.

Situational Attribution

Attributing an individual's behavior to external circumstances rather than to internal characteristics.

Unstable

Lacking consistency or predictability; prone to rapid or unexpected change.

Uncontrollable

Refers to anything beyond one's power or authority to command, regulate, or restrain.