Which Is the Most Accurate Statement

question 94

Multiple Choice

Which is the most accurate statement?

• A)Most Americans save for the same reason.
• B)Poor people,on the average,save a higher percentage of their income than the rich.
• C)The permanent income hypothesis has had a virtually perfect record in predicting consumer behavior.
• D)The tremendous expansion of bank credit cards,installment credit and consumer loans has contributed substantially to the consumer binge of the last dozen years.

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Definitions:

First Movie Star

A term referring to the first cinematic actor or actress who gained widespread fame and recognition for their work in film.

Florence Lawrence

Florence Lawrence is considered the first movie star, having been the first film actress whose name was used to promote films in the early 20th century, thus pioneering celebrity endorsement in cinema.

Lillian Gish

An iconic American actress who starred in many silent films, often called "The First Lady of American Cinema," known for her collaborations with director D.W. Griffith.

Motion Picture Patents Company

A trust of major American film companies that held a monopoly on film production and distribution in the early 1900s, leading to antitrust actions.