14
QuizMultiple Choice

Saving and Investing

Question 14 • EA Academy Civics 9

Which phrase best describes investing in a retirement account?

Answer
A
purchasing a percentage share of a company
B
providing a short-term loan to the government
C
saving money to pay for a debt-free education
D
putting aside a percentage of each paycheck

Explanation

Investing in a retirement account usually means setting aside part of your income regularly so it can grow for use after you stop working. Putting aside a percentage of each paycheck best describes this practice. Buying a share of a company or lending to the government are specific investment types, not the general purpose of a retirement account.

AI-written and checked against the verified answer.

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