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    Principles of Economics Study Set 1
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    Exam 21: Saving and Capital Formation
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    Saving for Protection Against Unexpected Setbacks-Such as the Loss of a Job
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Saving for Protection Against Unexpected Setbacks-Such as the Loss of a Job

Question 70

Question 70

Multiple Choice

Saving for protection against unexpected setbacks-such as the loss of a job or a medical emergency-is called ________ saving.


A) public
B) bequest
C) precautionary
D) life-cycle

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