Refer to the Following Figure When Answering the Next Three

Multiple Choice

Refer to the following figure when answering the next three questions.
Figure 11.7: Life Cycle Hypothesis
-Consider Figure 11.7 of the life-cycle hypothesis. Area(s) ________ are periods of ________, and area(s) ________ are periods of ________.

A) A; borrowing; C; dissaving
B) A; borrowing; C; saving
C) B; dissaving; A and C; saving
D) A and C; dissaving; B; saving
E) A; saving; B; borrowing