People's savings - Marvel Education

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Practice Reading: Reading Fill in the Blanks ID: #31585 People's savings

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Friedman showed that, while people do save more when they earn more, it is to spend later. Those in work save a time of sickness, unemployment or old age - but because the sick, unemployed and elderly their savings, overall does not fall as people get richer.

stumped richer consumption spend only blend against stand

Result:

A.I. Explanation:

Correct answer: only
Explanation: The word 'only' serves as an adverb that emphasizes the exclusivity of the action described, indicating that it is the sole condition under which people choose to spend later. This fits grammatically as it modifies the verb 'to spend' and aligns with the context of discussing saving behavior.
Meaning: 'Only' means solely or exclusively, indicating that spending later is the only condition being discussed.
Wrong options:
richer: 'Richer' is an adjective that describes a comparative state of wealth, which does not fit grammatically or contextually in this sentence.
stumped: 'Stumped' is a past participle that indicates being confused or unable to proceed, which does not relate to the action of spending.
against: 'Against' is a preposition that indicates opposition, which does not fit the context of spending later.
consumption: 'Consumption' is a noun that refers to the act of using resources, but it does not fit as an adverb modifying the verb 'to spend.'
spend: 'Spend' is a verb that does not fit in this context as it does not serve to modify the action of spending later.
blend: 'Blend' is a verb that means to mix, which is unrelated to the context of spending.
stand: 'Stand' is a verb that means to be in an upright position, which does not relate to the context of spending later.
Correct answer: against
Explanation: The word 'against' functions as a preposition indicating a protective measure or preparation for future uncertainties. It fits grammatically and contextually as it describes the action of saving in relation to potential future adversities.
Meaning: 'Against' means in preparation for or in opposition to something, indicating that savings are set aside for future challenges.
Wrong options:
richer: 'Richer' is an adjective that does not fit as it does not relate to the action of saving.
stumped: 'Stumped' is a past participle that does not fit in this context as it does not relate to saving or preparation.
only: 'Only' is an adverb that does not fit as it does not describe the action of saving against future uncertainties.
consumption: 'Consumption' is a noun that does not fit as it does not relate to the action of saving.
spend: 'Spend' is a verb that does not fit in this context as it does not describe the action of saving.
blend: 'Blend' is a verb that means to mix, which does not relate to the context of saving against future adversities.
stand: 'Stand' is a verb that does not fit as it does not relate to the action of saving.
Correct answer: spend
Explanation: The word 'spend' is a verb that describes the action of using up savings, fitting grammatically as it follows the subject 'the sick, unemployed and elderly.' It aligns with the context of discussing how these groups utilize their savings.
Meaning: 'Spend' means to use money or resources for a particular purpose, in this case, utilizing savings.
Wrong options:
richer: 'Richer' is an adjective that does not fit as it does not describe an action related to savings.
stumped: 'Stumped' is a past participle that does not relate to the action of using savings.
against: 'Against' is a preposition that does not fit as it does not describe an action of spending.
consumption: 'Consumption' is a noun that does not fit as it does not describe an action but rather an act of using resources.
blend: 'Blend' is a verb that means to mix, which does not relate to the context of spending savings.
only: 'Only' is an adverb that does not fit as it does not describe an action of spending.
stand: 'Stand' is a verb that does not fit as it does not relate to the action of spending.
Correct answer: consumption
Explanation: The word 'consumption' is a noun that refers to the act of using goods and services. It fits grammatically as the subject of the sentence and aligns with the context of discussing overall economic behavior as people become wealthier.
Meaning: 'Consumption' refers to the use of goods and services, indicating the overall economic activity in relation to wealth.
Wrong options:
richer: 'Richer' is an adjective that does not fit as it does not describe a noun related to economic activity.
stumped: 'Stumped' is a past participle that does not relate to the concept of economic activity or consumption.
against: 'Against' is a preposition that does not fit as it does not describe a noun related to consumption.
spend: 'Spend' is a verb that does not fit as it does not serve as a noun in this context.
blend: 'Blend' is a verb that means to mix, which does not relate to the concept of consumption.
only: 'Only' is an adverb that does not fit as it does not describe a noun related to consumption.
stand: 'Stand' is a verb that does not fit as it does not relate to the concept of consumption.

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