Why is savings so minimal in nations with a high population of AIDS victims?
A) People with a short-life expectancy tend to save less.
B) Governments provide an extensive social safety net.
C) Interest rates are not high enough.
D) Unemployment rates are too high.
Correct Answer:
Verified
Q1: Workers who put 10 percent of their
Q3: Which of the following can be defined
Q6: Why do people save during their working
Q8: According to the consumption-smoothing theory, a person
Q8: Savings is:
A) the purchase of new capital
Q14: Investment is:
A) the purchase of new capital
Q21: According to the consumption-smoothing theory,people with a
Q24: Fluctuations in income cause most people to:
A)
Q37: Time preference is the desire to:
A) save
Q38: All else equal,time preference is the desire
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