Question

According to towerswatson.com, at large employers, 48% of employees earning between $ 10,000 and $ 24,999 a year participated in a voluntary retirement savings program, compared to 91% who earned more than $ 100,000. We can view savings as a good. In a figure, plot savings versus all other goods. Show why a person is more likely to “buy” some savings (put money in a retirement account) as the person’s income rises.



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  • CreatedNovember 13, 2014
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