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Which indicates the percentage of income

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Problem 1: Which of the following is the recommended targeted saving rate if you are under age 30?

Option 1: 15%.

Option 2: 20%.

Option 3: 10%.

Option 4: 12%.

Problem 2: All of the following are related to a person's current income except:

Option 1: education grants and loan subsidies.

Option 2: Supplemental Nutrition Assistance Program.

Option 3: Social Security benefits.

Option 4: Temporary Assistance for Needy Families.

Problem 3: Which of the following indicates the percentage of income that you are actively saving?

Option 1: Deficit.

Option 2: Surplus.

Option 3: Savings ratio.

Option 4: Net worth.

Reference no: EM132822654

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