One of the most important variables that determines how much a person saves is ______.
A) the person's age
B) the person's gender
C) the person's race
D) what country he or she is from

Question

Quizplus · Accepted Answer

Age is one of the most important variables that determines how much a person saves. Younger individuals may have competing financial demands or may not have begun earning an income yet, while older individuals may be thinking about retirement and saving accordingly. Gender, race, and country of origin can also impact savings patterns, but age tends to be a more significant factor.

One of the Most Important Variables That Determines How Much