Which of the Following Hypotheses Is a Plausible Explanation for Why

question 128

Multiple Choice

Which of the following hypotheses is a plausible explanation for why U.S. households save so little?

• A)Government assistance to the elderly has reduced the need for life-cycling saving.
• B)Most Americans already own homes and, therefore, have less need for life-cycle saving.
• C)The highly developed financial markets in the U.S. have reduced the need for precautionary saving by Americans.
• D)Government assistance to low-income U.S. households has increased the demonstration effects on spending by the poor.

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Definitions:

Carbon Dioxide

A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air and absorbed by plants in photosynthesis.

Nasal Conchae

Curved bony structures within the nasal cavity that help filter, humidify, and warm air as it is inhaled.

Nasal Septum

The cartilage and bone wall that divides the nasal cavity into two nostrils, which can sometimes be deviated, causing breathing difficulty.

Paranasal Sinuses

Air-filled spaces located within the bones around the nasal cavity, contributing to the resonance of voice and humidifying the air we inhale.