Which of the Following Statements Is False

question 294

Multiple Choice

Which of the following statements is false?

• A)In recent years,China has had a rate of savings of 35 to 40 percent.
• B)In the last two decades,the U.S.savings rate has not exceeded 11 percent.
• C)There was a significant increase in the U.S.savings rate in the mid-1990s.
• D)A high rate of consumption for a country implies a low savings rate.

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Definitions:

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, often with fixed dividends.

Dividend

A portion of a company's earnings, decided by the board of directors, to be distributed among shareholders.

Stock Price

The cost of purchasing a single share of a company's stock on the open market.