Which of the Following Statements Is False

Multiple Choice

Which of the following statements is false?

A) Two individuals who have the same current income but different permanent incomes are likely to make very similar savings decisions.
B) An individual with a relatively low current income but a high permanent income might save little or nothing now, expecting to save for retirement and for bequests later.
C) A person with a relatively low income now with no expectation of higher income later might try to save some money now to provide for retirement or bequests later.
D) A decision to save a certain amount determines how much will be available for future consumption.