Government programs aimed at stimulating personal savings:
A)are designed to take advantage of the flaws in the availability heuristic.
B)help mitigate regression to the mean in most cases.
C)increase welfare if people discount the future too heavily.
D)decrease economic efficiency if people have impulse control problems.

Question

Quizplus · Accepted Answer

If people discount the future too heavily, they may regret not having saved more. Programs that stimulate savings may help mitigate this.

Government Programs Aimed at Stimulating Personal Savings