1.2.

To maintain financial soundness subject to meeting consumption needs, households should strive to have a saving ratio as a. high; high b. high; low c. low; high d. low; low O e. random; erratic as possible and a debt service ratio as as possible. Based upon the personal financial planning life cycle and reflected in national medians of income for different age groups, if one were to graph income against age, the graph would be a. upward sloping everywhere. O b. downward sloping everywhere. O c. horizontal. d. u-shaped, looking like the letter u. e. hump-shaped, looking like an upside-down letter u