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For the Typical Consumer, One Difference Between the Stage 2

Question 66

Multiple Choice

For the typical consumer, one difference between the stage 2 in the Financial Life Cycle and stage 3 in the Financial Life Cycle is that:


A) during stage 2, you will earn more than you spend; whereas during stage 3 you will spend more than you earn.
B) during stage 3 you will earn more than you spend; whereas during stage 2 you will spend more than you earn.

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