True or False 1. Personal factors such as age, income, household size, and personal beliefs influence the spending and saving pattern of one individual. 2. One of the economic factors affecting financial planning is demand and supply. 3. Consumer spending measures the peso available for spending in the country's economy.
True or False 1. Personal factors such as age, income, household size, and personal beliefs influence the spending and saving pattern of one individual. 2. One of the economic factors affecting financial planning is demand and supply. 3. Consumer spending measures the peso available for spending in the country's economy.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
True or False
1. Personal factors such as age, income, household size, and personal beliefs influence the spending and saving pattern of one individual.
2. One of the economic factors affecting financial planning is demand and supply.
3. Consumer spending measures the peso available for spending in the country's economy.
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