Statement I: Our High Rate of Savings Has Contributed to the Huge

question 262

Multiple Choice

Statement I: Our high rate of savings has contributed to the huge trade deficit of the last 20 years.
Statement II: Both increasing savings and investment would help reduce the U.S.trade deficit.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

Walgreens

An American company that operates as the second-largest pharmacy store chain in the United States, offering health and wellness products, prescriptions, and healthcare services.

CVS

An American retail corporation that operates a chain of pharmacies and convenience stores.

Buyer's Desire

The specific needs or wants that potential customers have, which directly influence their purchasing decisions.

Disintermediation

The process of removing intermediaries or middlemen from a supply chain, typically to allow producers to sell directly to consumers.