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Which of the Following Statements Is True

Question 154

Multiple Choice

Which of the following statements is true?


A) Savings was negative for the United States in 2005
B) In the last two decades,the U.S.savings rate has not exceeded 11 percent
C) There was a significant decline in the U.S.savings rate since the mid-1980s
D) A high rate of consumption for a country implies a low savings rate
E) All of the statements are true

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