Analysis the motives that might cause a person to safe rather than to spend

1 answer:

4 0

There are various factors which results people to save rather than spend. First and the most important motive are the bank interest rates on saving. If bank gives very high rates of interest on savings, then more people will be willing to save because the return on savings will be higher than the return on spending. Secondly, if a person has planned to buy expensive luxuries in a near future, he might not spend his income, rather he will also be saving his income for this luxury item. Thirdly, increase in income and wealth is also an important influence on saving. It is true that increase in income increases spending but the same rule happens for savings also especially when the rate of inflation is high.

You might be interested in

What is the law that applies to a driver while driving in the rightmost lane in the pictures?

DedPeter [7]

Answer:

"Move over Law”.

Explanation:

Move-over law applies to the driver in the picture. So how does the Move over Law work: Drivers must leave the lane that is next to emergency vehicles that are stopped by police under this law.

Please vote me as brainliest answer thanks

6 0

2 years ago

List the advantages of unit management for staff members

marusya05 [52]

Answer: Unit management enhances communication between staff and inmates, maintains regularity for employees and inmates alike, empowers decision-making at the front-line level, and increases direct supervision and monitoring of offenders.

Explanation: ye

8 0

2 years ago

What is presumption of innocence ?

Sergio [31]

Answer:The presumption of innocence until proven guilty means that the burden of proof is always on the government to satisfy you that [defendant] is guilty of the crime with which [he/she] is charged beyond a reasonable doubt. ... This burden never shifts to [defendant].

7 0

3 years ago

Identify an existing law that is not necessary explain

FrozenT [24]

Answer:

you can't keep you light on in your car while driving

8 0

3 years ago

Read 2 more answers

When does the supreme court hear cases

KengaRu [80]

Answer:

The Court is, typically, in recess from late June/early July until the first Monday in October.

Explanation:The Court hears oral arguments in cases from October through April. From October through December, arguments are heard during the first two weeks of each month.

Hope this helps--koki

7 0

4 years ago