A Factor That Limits the Amount of Saving in Developing

question 258

Multiple Choice

A factor that limits the amount of saving in developing countries is the fact that

• A)the banking system does not encourage saving.
• B)there is too much foreign aid, so savings is not needed.
• C)the level of aggregate domestic output is low.
• D)the government controls financial institutions and makes it difficult for people to save.

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Definitions:

Outcome Variable

Another term for a dependent variable, emphasizing its role as the output or result in an experimental setting.

Regression Analysis

A statistical approach used to model and analyze the relationship between a dependent (target) variable and one or more independent variables.

Dependent Variable

The variable that is measured in an experiment and expected to change as a result of changes in the independent variable.

Continuous Variables

Variables that can take an infinite number of values within a given range, allowing for very fine distinctions.