answersLogoWhite

0

Five determinants of saving include income levels, which directly influence the ability to save, and interest rates, which can affect the incentive to save versus spend. Consumer confidence also plays a role; higher confidence typically leads to increased spending and reduced saving. Additionally, personal financial goals, such as saving for retirement or a house, can drive saving behavior, while economic conditions, like inflation, can impact the real value of savings. Lastly, cultural attitudes towards saving versus consumption can significantly shape saving habits.

User Avatar

AnswerBot

4w ago

What else can I help you with?

Related Questions

Which of these is one of the five determinants of health?

Which of these is one of the five determinants of health


What are the objective and subjective determinants of consumption?

Objective determinants of consumption include factors such as income, prices, and interest rates that impact how much individuals can afford to spend. Subjective determinants of consumption involve personal preferences, tastes, and attitudes towards saving and spending that influence consumer behavior. Both types of determinants interact to shape overall consumption levels in an economy.


What are motivators and determinants?

What is a Motivants and Determinants


What are the five major determinants of health?

education, level of income, gender, culture, religious beliefs, health services, e.t.c


What is one of the five determinants of health?

Scientists generally recognize five determinants of health of a population:Biology and genetics. Examples: sex and age.Individual behavior. Examples: alcohol use, injection drug use (needles), unprotected sex, and smoking.Social environment. ...Physical environment. ...Health services.Reference: Centers for Disease Control and Prevention


What are personal determinants?

There are many determinants of personality. These determinants are largely dependent on the environment that a child grows up in.


What are the determinants of selective attention?

What are the determinants of selective attention?


What are determinants of the market size?

what are the determinants of the market size


Non-Income Determinants of Consumption and Saving?

wealth price level rates of interest and taxes expectations for future prices, money income and availability of goods consumer indebtedness


What are Determinants of personalty?

The determinants of personalty are the following:Biological factorsFamily Factorssituational factorsenvironmental factors


What are the Determinants of national savings in Nigeria from 1978 to 2007?

determinants of savings in nigeria


Find out about the objective and subjective determinants consumption?

subjective and objective determinants of consumption