Looking at the U

question 40

Multiple Choice

Looking at the U.S.personal saving rate over the last sixty years,we can say that ________.

• A)it has always been low
• B)Americans used to spend a lot more than they have in recent years
• C)Americans used to save a lot more than they have in recent years
• D)it has always been fairly high
• E)Americans spend more when concerned about their future earnings

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Definitions:

Trading Security

A type of investment that is bought and held primarily for selling them in the near term to profit from price changes.

Debt Securities

Financial instruments representing a loan made by an investor to a borrower, typically involving periodic interest payments and the return of the principal at maturity.

Available-For-Sale

A classification for investments in securities that a company plans to sell but does not classify as actively traded or held to maturity.

Long-Term Investments

Assets purchased by a company intended to be held for more than one year for the purpose of earning a return.