An Explanation for the Low Saving Rate in the United

question 73

Multiple Choice

An explanation for the low saving rate in the United States consistent with the demonstration effect 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)well-developed financial markets making it easy to borrow against home equity.
• D)large and persistent capital gains.

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Definitions:

Edematous or Ecchymotic

Describes the physical condition of having swelling due to fluid accumulation in the tissues (edematous) or bruising caused by bleeding under the skin (ecchymotic).

Supratentorial Craniotomy

Surgical procedure involving the removal of part of the skull above the tentorium cerebelli to access the brain for treatment or examination.

Inoperative Side

The side of the body affected by a medical condition that cannot be treated or improved through surgery.

Operative Side

The side of the body on which a surgical procedure is performed.