The Level of Saving in the United States Has Historically

question 189

Multiple Choice

The level of saving in the United States has historically been low relative to the level of domestic investment.Based on this information,we would expect that

• A)U.S.net foreign investment has been relatively high.
• B)U.S.net exports have been relatively low.
• C)U.S.capital inflows are negative.
• D)U.S.private saving is less than its public saving.

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Definitions:

Equilibration

A cognitive process proposed by Piaget, describing the balance between assimilation and accommodation to maintain or restore cognitive stability.

Mentally Charting

The cognitive process of mapping out or organizing thoughts, plans, or data in a structured manner.

Fast-Mapping

The process by which children are able to learn the meaning of a new word quickly and efficiently, often after a single exposure.

Lexical Addition

The process by which new words or phrases are introduced and incorporated into a language.