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    Principles of Economics Study Set 1
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    Exam 21: Saving and Capital Formation
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    Fred and Wilma Just Had a Baby Girl and Want
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Fred and Wilma Just Had a Baby Girl and Want

Question 84

Question 84

Multiple Choice

Fred and Wilma just had a baby girl and want to make sure they save enough in the future to send her to college. They begin to save in response to this ________ reason for saving.


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

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