Exhibit 18-4 -According to the Data in Exhibit 18-4, 2015 National Saving

question 41

Multiple Choice

Exhibit 18-4

-According to the data in Exhibit 18-4, 2015 national saving equaled ____.

• A)$717 billion
• B)$1,079 billion
• C)$737 billion
• D)$1,816 billion
• E)Not enough information is given.

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Definitions:

Private Placement Exemption

A regulatory exception that allows companies to sell securities directly to a limited number of qualified investors without the need for a public offer.

SEC

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