Question
What do individuals tend to do in strong economies?
A.
Delay purchases and minimize savings.
B.
Spend less than they earn.
C.
Make more purchases and save more of what they earn.
D.
Buy only necessities.
A.
Delay purchases and minimize savings.
B.
Spend less than they earn.
C.
Make more purchases and save more of what they earn.
D.
Buy only necessities.
Answers
GPT-4o mini
In strong economies, individuals tend to:
**C. Make more purchases and save more of what they earn.**
In a robust economic environment, people generally have more disposable income, feel more confident about their financial situation, and are more likely to spend on both necessities and luxuries while also saving for the future.
**C. Make more purchases and save more of what they earn.**
In a robust economic environment, people generally have more disposable income, feel more confident about their financial situation, and are more likely to spend on both necessities and luxuries while also saving for the future.