Multiple Choice
Bob has heard rumors that his employer will be merging with another firm and many employees may lose their jobs, and he wants to be prepared in case he loses his job. If he begins to save more in response to this rumor, it is a ________ reason for saving.
A) life-cycle
B) public
C) private
D) precautionary
Correct Answer:
Verified
Correct Answer:
Verified
Q87: Where Y is GDP, C is consumption,
Q88: Holding other factors constant, a decline in
Q89: National saving is saving by:<br>A)households for retirement.<br>B)the
Q90: Empirical evidence indicates that higher real interest
Q91: The change in wealth during a period
Q93: Holding other factors constant, a technological improvement
Q94: The value of the marginal product of
Q95: Based on the following information, what
Q96: Holding other factors constant, if a tax
Q97: Private saving is positive when:<br>A)there is a