Hoarding Is Distinguished from the Tendency to Collect Things (E

question 77

Multiple Choice

Hoarding is distinguished from the tendency to collect things (e.g. ,stamps) in that

• A)it is beneficial to the person who hoards.
• B)it creates distress and functional impairment.
• C)it never involves saving items of monetary value.
• D)it is more enjoyable to the person who hoards.

---

Definitions:

Capital Formation

The creation of capital goods, which are used to produce other goods and services. It is a measure of economic growth and development.

Trade Deficit

The situation when a country imports more than it exports.

Economic Dependency

The condition of relying heavily on another economy for support, goods, services, or financial aid.

Income Distribution

How a nation’s total GDP is distributed amongst its population, affecting economic inequality.