One Argument That Is Made Concerning the Low Rate of Saving

question 7

Multiple Choice

One argument that is made concerning the low rate of saving in the United States is that

• A) although savings is at almost historically low levels,the savings rate conceals the "hidden savings" from people concealing money in various places in their houses.
• B) although savings is at almost historically low levels,the savings rate conceals the "hidden savings" from people's equity in their homes.
• C) the next generation has a lower time preference than previous ones.
• D) the next generation is just plain lazy.
• E) the marginal benefit of saving has fallen relative to the marginal benefit of spending.

---

Definitions:

Sales Manager

A professional responsible for directing and overseeing a team of salespeople and developing strategies to increase sales.

Preposterous Statements

Claims or assertions that are absurd, ridiculous, or completely contrary to common sense.

Authentic

Genuine or true; not counterfeit or copied, often referring to objects, experiences, or expressions that are considered original or real.

Primary Appeal

The main or most compelling reason or feature used to persuade or attract attention in marketing or argumentation.