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Answered

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As long as you are gainfully employed, you can postpone any individual financial points.

A. True
B. False

Sagot :

GinnyAnswer

Final answer:

By saving money, individuals can increase their future consumption. Postponing consumption allows for a higher income later on.


Explanation:

The question is about the concept of postponing consumption to increase future consumption. By saving money, individuals may benefit from increased income later on. This practice involves the idea of offsetting reductions in income for borrowers elsewhere in the economy.


Learn more about financial planning here:

https://brainly.com/question/29763313


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