Which of the Following Are Both Correct

question 8

Multiple Choice

Which of the following are both correct?

• A)Data show no correlation between saving and measures of economic well-being.A reduction in tax rates may reduce saving because of the income effect.
• B)Data show no correlation between saving and measures of economic well-being.A reduction in tax rates may reduce saving because of the substitution effect.
• C)Data show a positive correlation between saving and measures of economic well-being.A reduction in tax rates may reduce saving because of the income effect.
• D)Data show a positive correlation between saving and measures of economic well-being.A reduction in tax rates may reduce saving because of the substitution effect.

---

Definitions:

Chemical Peel

A skin-resurfacing procedure in which a chemical solution is applied to the skin to remove the top layers, intended to improve the appearance by reducing wrinkles, blemishes, or acne scars.

Laser Resurfacing

A dermatological procedure that uses a laser to remove skin layers with precision, aiming to improve skin appearance or treat minor facial flaws by promoting new skin growth.

Dermis

The layer of skin beneath the epidermis that contains blood vessels, nerve endings, sweat glands, and hair follicles.

Ulcer

An open lesion on the skin or mucous membrane of the body characterized by loss of tissue and the formation of a secretion.