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
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q65: Holding other factors constant, if new technology
Q66: As the real interest rate decreases, the
Q67: Where Y is GDP, C is consumption,
Q68: Which of the following is a flow?<br>A)Saving<br>B)Wealth<br>C)Assets<br>D)Money
Q69: The introduction of a new technology that
Q71: If government spending increases by $1 million
Q72: Holding other factors constant, a higher relative
Q73: The real rate of interest measures the
Q74: The excess of government spending over tax
Q75: If Alex deposits $1,000 from her paycheck