Explanations for the High Saving Rate in Japan Consistent with the Bequest

question 78

Multiple Choice

Explanations for the high saving rate in Japan consistent with the bequest reason for saving include:

• A)long life expectancies and large down payments required for home purchases.
• B)lifetime employment.
• C)the desire to leave resources to children who provide support and attention to parents in their old age.
• D)low unemployment rates in Japan.

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Definitions:

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