Which of the Following Influences Household Saving

question 53

Multiple Choice

Which of the following influences household saving?
I.The real interest rate.
II.Disposable income.
III.Expected future income.

• A)I only
• B)I and II
• C)I and III
• D)I, II, and III
• E)None of the above

---

Definitions:

Market Power

The ability of a firm or group of firms to manipulate the price of goods or services in a market due to lack of competition.

Monopolistically Competitive

Describes a market structure where many firms sell products that are similar but not identical, allowing for significant competition but with a degree of product differentiation.

Product Differentiation

The process by which companies distinguish their products from those of competitors in the eyes of consumers by varying design, quality, or other attributes.

Monopolistically Competitive

A market structure in which many companies sell products that are similar but not identical, allowing for competition based on price, quality, and branding.