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.

---

Definitions:

Nondeclarative Memories

Memory that is unconsciously and effortlessly retrieved, responsible for skills and learned habits.

Cerebellum

A part of the brain located at the back of the skull, responsible for coordinating and regulating muscular activity.

Hippocampus

A major component of the brain in humans and other vertebrates, associated with memory formation and spatial navigation.

Prefrontal Cortex

The part of the frontal lobes of the brain located just behind the forehead that is involved in decision making, problem-solving, and controlling behavior.