The Three Broad Reasons for Saving, as Identified by Economists

question 45

Multiple Choice

The three broad reasons for saving, as identified by economists, are reasons relating to:

• A) consumption, investment, and exports.
• B) national, public, and private production.
• C) the life-cycle, precaution, and bequests.
• D) capital gains, capital losses, and deficits.

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Definitions:

DRG Grouper

A software tool used in the healthcare industry to classify hospital cases into Diagnostic Related Groups for billing and reimbursement purposes.

Software Program

A set of instructions or code written by programmers/developers to perform specific tasks or operations on a computer.

POA Assignments

Power Of Attorney assignments refer to the legal documents and processes by which an individual designates another person to make decisions on their behalf.

Codes

Rules or signals in the form of numbers, letters, or symbols used to represent information in a condensed form, often for confidentiality, efficiency, or both.