exam lesson name: the consumer and i\nexam number: 700109rr\nexam guidelines\nexam instructions\nquestion 14…

exam lesson name: the consumer and i\nexam number: 700109rr\nexam guidelines\nexam instructions\nquestion 14 of 20 :\nselect the best answer for the question.\n14. which of the following would be a reason why people save and invest?\na. to buy day to day items\nb. to appear to be less well off than they really are\nc. to prepare for retirement\nd. to hide their money from the government\nmark for review (will be highlighted on the review page)\n<< previous question\nnext question >>

exam lesson name: the consumer and i\nexam number: 700109rr\nexam guidelines\nexam instructions\nquestion 14 of 20 :\nselect the best answer for the question.\n14. which of the following would be a reason why people save and invest?\na. to buy day to day items\nb. to appear to be less well off than they really are\nc. to prepare for retirement\nd. to hide their money from the government\nmark for review (will be highlighted on the review page)\n<< previous question\nnext question >>

Answer

Brief Explanations:

Saving and investing are common financial - planning strategies for long - term goals. Retirement is a major long - term financial goal for which people save and invest over their working lives. Buying day - to - day items is typically done with regular income, not savings or investments. Appearing less well - off and hiding money from the government are not typical positive reasons for saving and investing.

Answer:

C. To prepare for retirement