Which of the Following People-None of Whom Has Any Financial

Multiple Choice

Which of the following people-none of whom has any financial or housing wealth-is most likely to be spending all of their current income?

A) A high income person expecting to retire soon, and live for a long time afterward.
B) A low income person expecting continued low income throughout life.
C) A low income person expecting a dramatic rise in income in the future.
D) A high income person expecting a dramatic drop in income in the future.
E) A high income person expecting continued high income throughout life.