An Explanation for the Low Saving Rate in the United

question 42

Multiple Choice

An explanation for the low saving rate in the United States consistent with the precautionary reason for saving includes:

• A)relatively generous government assistance for the elderly and large down payments required for home purchases.
• B)households spending beyond their means to keep up with community standards.
• C)highly-developed financial systems making it easy to buy homes with down payments under 15 percent.
• D)confidence in future economic prosperity.

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Definitions:

Kirk's Dik-dik

A small antelope native to Eastern Africa known for its distinctive snout, monogamous mating behavior, and ability to live in arid conditions.

Mate Assistance Hypothesis

A theory suggesting individuals remain with a single mate to help protect and provide for offspring, thereby increasing reproductive success.

Offspring Reared

The number of offspring an individual successfully raises to the age of independence, often used as a measure of reproductive success.

Kirk's Dik-dik

A small antelope species found in eastern and southwestern Africa, known for its monogamous pairs and distinctive whistle-like alarm call.