Suppose Molly has an income of 35,000 annually and has inherited a savings account of 20,000. Wyatt has a job that pays 35,000 annually, but has debts totaling 6,000. Which of the following is TRUE?
A) We can expect Wyatt and Molly to save the same proportion of their incomes this year.
B) We can expect Molly to save more than Wyatt this year.
C) We can expect Wyatt to save more than Molly this year.
D) We can expect Wyatt and Molly to have equal amounts of consumption this year.
Question 2
Checks ________ money and credit cards ________ money.
A) are; are
B) are not; are
C) are; are not
D) are not; are not
Sources of income for U.S. population aged 65 and over.
Household Income in the United States by Quintiles, 2009
Income per Capita versus Income of the Bottom Quintile
How the Distribution of Education Affects the Distribution of Income
Relationship between Income per Capita and Population Growth
No payments were made on a $2,598 loan during its three-year term. What was the annually ...