Ted and Alice want to make sure that their children will inherit lots of money when they die, so that their children do not have to struggle the way they themselves did. Saving more in response to this is a ________ reason for saving.
A)life-cycle
B)bequest
C)private
D)precautionary

Question

Quizplus · Accepted Answer

The bequest motive gives savers a person or organization, like a college, church or charity, to receive a gift upon the death of the saver.

Ted and Alice Want to Make Sure That Their Children