Multiple choice

Compared to the rich, the poor save

  1. a large part of their income

  2. an equal part of their income

  3. a smaller part of their income

  4. all of their incomes

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The poor save a smaller proportion of their income compared to the rich because most of their income goes toward basic necessities like food, shelter, and clothing. Higher-income groups have more disposable income available for saving after meeting their basic needs.