The U.S. savings rate is one of the lowest among major industrial nations because of the:

A) High proportion of young adults in the U.S. population
B) Large government budget deficits
C) Tax structure which favors consumption and borrowing over savings
D) All of the above
E) None of the above

Question

The U.S. savings rate is one of the lowest among major industrial nations because of the:

A) High proportion of young adults in the U.S. population
B) Large government budget deficits
C) Tax structure which favors consumption and borrowing over savings
D) All of the above
E) None of the above

Quizplus · Accepted Answer

The Answer is D

The US Savings Rate Is One of the Lowest Among Major