Precautionary Saving Is Saving

Multiple Choice

Precautionary saving is saving

A) to meet long-term objectives,such as retirement,college attendance,or the purchase of a home.
B) for protection against unexpected setbacks,such as the loss of a job.
C) for the purpose of leaving an inheritance.
D) to smooth income over one's lifetime.
E) done in anticipation of sales or bargain in the futurE.