Which Statement Is False

question 54

Multiple Choice

Which statement is false?

• A)Over the last two decades Americans have never saved over 11 percent of their disposable incomes.
• B)A low savings rate leads to a low rate of productivity growth.
• C)There has been a marked upward trend in our savings rate since the mid-1980s.
• D)None of these statements are false.

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Definitions:

Mens Rea

A legal concept referring to the intention or knowledge of wrongdoing that constitutes part of a crime.

Criminal Liability

The legal responsibility or accountability of an individual or entity for committing a crime, which may result in prosecution and punishment.

Petty Offense

A minor legal violation that is less serious than a misdemeanor, often resulting in a small fine.

Building Code Violation

Failure to comply with the set regulations and standards specified in local, state, or federal building codes.