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Outline 2 reasons why consumers may decide to save rather than spend their income.

      

Outline 2 reasons why consumers may decide to save rather than spend their income.

  

Answers


Lydia
? Attractive interest rate on savings
? Expectation of future price decreases
? For a particular future purchase/to save for larger more
expensive items (which they can’t afford from weekly
income)
? For a rainy day
? For retirement
lydiajane74 answered the question on May 14, 2018 at 14:46


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