A Factor That Limits the Amount of Saving in Developing

question 258

Multiple Choice

A factor that limits the amount of saving in developing countries is the fact that

• A)the banking system does not encourage saving.
• B)there is too much foreign aid, so savings is not needed.
• C)the level of aggregate domestic output is low.
• D)the government controls financial institutions and makes it difficult for people to save.

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Definitions:

Autism Spectrum Disorder

A developmental disorder that affects communication and behavior, characterized by difficulties in social interaction, communication challenges, and a pattern of repetitive behaviors or interests.

Echolalia

A symptom of autism or schizophrenia in which a person responds to statements by repeating the other person’s words.

Intellectual Disability

A disability characterized by significant limitations in both intellectual functioning and in adaptive behavior, which covers many everyday social and practical skills.

Socioeconomic Groups

Categories of people sharing similar levels of economic, occupational, and educational status.