What Is the Main Argument Which Explains Why the Data

question 1

Multiple Choice

What is the main argument which explains why the data do not show a positive relation between the deficit producing tax cuts in the early eighties savings rates?

• A) people will increase savings to "finance" debt repayment by future generations
• B) people will increase consumption to "finance" debt repayment by future generations
• C) savings is determined by uncertain events, the timing of future illnesses and death
• D) savings is determined by certain events, the timing of future illnesses

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Definitions:

Secondary Source

Information that was created later by someone who did not experience first-hand or participate in the events or conditions being researched.

Paraphrasing

The act of rewording or rephrasing text or speech to clarify its meaning or to present it in a different manner, while retaining the original message.

Secondary Source

Information that has been interpreted, analyzed, or summarized from primary sources, often used in research.

Direct Quote

A verbatim excerpt from a text or speech used to support or illustrate a point.