The Change in the Savings Rate During the 1990s Is

question 7

Multiple Choice

The change in the savings rate during the 1990s is NOT consistent with

• A)Friedman's permanent-income hypothesis.
• B)Modigliani's life cycle hypothesis.
• C)the boom in the stock market.
• D)All of the above.

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Definitions:

Validate

To confirm or give approval to something after examining or testing it to be true, correct, or in accordance with a certain standard.

Accurately

Refers to the quality of being correct and precise in all details.

Jigsaw Technique

A cooperative learning strategy designed to reduce racial conflict among school children, promote better learning, and increase positive educational outcomes by encouraging students to work together to solve puzzles.

Bystander Apathy

The phenomenon where individuals are less likely to offer help to a victim when other people are present.