Which of the following is not something you need to invest for? college education retirement house purchase groceries

ECON MICRO
5th Edition
ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter1: The Art And Science Of Economic Analysis
Section: Chapter Questions
Problem 2.5P
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### Financial Literacy Quiz - Investment Decisions

**Question:**

Which of the following is **not** something you need to invest for?

**Options:**
1. College education
2. Retirement
3. House purchase
4. Groceries

**Instructions:**
Select the option that best answers the question above.

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**Explanation for Students:**

For this question, you need to discern which of the listed options generally do not require a focused or long-term investment strategy. Think about which expenses are recurring and part of daily or monthly budgets, versus those that are larger financial goals typically planned and saved for over time.
Transcribed Image Text:### Financial Literacy Quiz - Investment Decisions **Question:** Which of the following is **not** something you need to invest for? **Options:** 1. College education 2. Retirement 3. House purchase 4. Groceries **Instructions:** Select the option that best answers the question above. --- **Explanation for Students:** For this question, you need to discern which of the listed options generally do not require a focused or long-term investment strategy. Think about which expenses are recurring and part of daily or monthly budgets, versus those that are larger financial goals typically planned and saved for over time.
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