Question

what makes something a medium - term goal?

• it should require some savings.
• it should be expensive and require a while to reach.
• it should be achievable with the cash on hand.
• it should fulfill more than one wants or needs.

Explanation:

To determine what makes a medium - term goal, we analyze each option:

• Option "It should be achievable with the cash on hand" describes short - term goals (using available cash immediately).
• Option "It should fulfill more than one wants or needs" is not a defining characteristic of medium - term goals.
• Option "It should be expensive and require a while to reach" is more in line with long - term goals (like buying a house, which is very expensive and takes years).
• Option "It should require some savings": Medium - term goals typically take a few months to a few years to achieve. To reach them, one usually needs to save money over time (unlike short - term goals that can be met with current cash and long - term goals that are more costly and take longer).

Answer:

A. It should require some savings.