22
practice examMultiple Choice

Practice Exam

Question 22 • Personal Finance

Part A: What affects saving behavior?

Answer
A
taxes only
B
only income
C
habits and decisions
D
employers only

Explanation

Saving behavior is influenced by personal habits and decisions, such as whether someone chooses to set aside money regularly. Taxes, income, and employer policies can affect how much a person is able to save, but they are not the only influences. The best answer is habits and decisions.

AI-written and checked against the verified answer.

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