An increase in life expectancy should cause saving in the United States to:
A) increase.
B) decrease.
C) remain unchanged.
D) become more volatile.

Question

Quizplus · Accepted Answer

An increase in life expectancy can lead to an increase in saving as individuals anticipate longer lifetimes and consequently save more for retirement and other future expenses. This is supported by empirical evidence suggesting that countries with higher life expectancies tend to have higher savings rates.

An Increase in Life Expectancy Should Cause Saving in the United