Which of the Following Is Correct

question 40

Multiple Choice

Which of the following is correct?

• A)In the national income accounts,investment and private saving refer to the same thing.
• B)In a closed economy if national saving is greater than zero,then everyone must be saving.
• C)The financial system channels funds from savers to borrowers.
• D)People whose consumption exceeds their income are savers.

---

Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.