Suppose Molly Has an Income of $35,000 Annually and Has

Multiple Choice

Suppose Molly has an income of $35,000 annually and has inherited a savings account of $20,000. Wyatt has a job that pays $35,000 annually, but has debts totaling $6,000. Which of the following is true?

A) We can expect Wyatt and Molly to have equal amounts of consumption this year.
B) We can expect Wyatt to save more than Molly this year.
C) We can expect Wyatt and Molly to save the same proportion of their incomes this year.
D) We can expect Molly to save more than Wyatt this year.