Question

Examination of data from households shows that households with high current income ______ than do households with low current income. save a larger fraction of current income save less consume less save a smaller fraction of current income

Answer 1

Answer: save a larger fraction of current income

Step-by-step explanation:

Current income are usually gotten from investment that pay very high returns which includes dividends and interest.

Types of current income with high payments includes

1. Equity income fund investing.

2. Debt income fund investing.