Which of the following hypotheses is a plausible explanation for why U.S.households save so little?
A)Government assistance to the elderly has reduced the need for life-cycling saving.
B)Most American already own homes and, therefore, have less need for life-cycle saving.
C)The highly developed financial markets in the U.S.have reduced the need for precautionary saving by Americans.
D)Government assistance to low-income U.S.households has increased the demonstration effects on spending by the poor.

Question

Quizplus · Accepted Answer

The Answer of Which of the following hypotheses is a plausible explanation for why U.S.households save so little?
A)Government assistance to the elderly has reduced the need for life-cycling saving.
B)Most American already own homes and, therefore, have less need for life-cycle saving.
C)The highly developed financial markets in the U.S.have reduced the need for precautionary saving by Americans.
D)Government assistance to low-income U.S.households has increased the demonstration effects on spending by the poor.

Which of the Following Hypotheses Is a Plausible Explanation for Why