The Life-Cycle Hypothesis Suggests That the Economy's Saving Rate Depends

question 140

Multiple Choice

The life-cycle hypothesis suggests that the economy's saving rate depends on all of the following except one. Which is the exception?

• A)the relative numbers of savers and dissavers
• B)the manner in which saving is taxed
• C)the convenience and reliability of saving institutions
• D)the relative cost of housing
• E)the rate of profit

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Definitions:

Intersection

The set of elements common to two or more sets.

Conditional

Pertaining to expressions, statements, or functions that involve conditions where outcomes depend on fulfilling specified criteria.

Experimental Outcomes

Refers to the various results that could potentially occur as a result of a scientific experiment.

Steps

Sequential actions or procedures followed to accomplish a particular goal, often laid out in a process or algorithm.