Psychological factors that may influence the saving rate are ________ and ________.
A. capital gains; the real interest rate
B. the desire to leave a bequest; capital gains
C. self-control problems; the demonstration effect
D. the real interest rate; the demonstration effect
Answer: C
You might also like to view...
To say that a given welfare program is means-tested implies that:
A. in order to qualify, one must show that one means to find a job. B. the more income one earns, the smaller the size of the benefit. C. in order to qualify, one must have the means. D. the size of the payment reflects the mean value of consumption based on family size.
Use the following figure to answer the next question. 
Total fixed cost at output level Q2 is measured by the vertical distance
A. 0C. B. DE. C. AD. D. CD.
If an industry is monopolized by one firm, the four-firm concentration ratio equals
A) 1 percent. B) 25 percent. C) 40 percent. D) 100 percent.
Suppose that the banking system currency has no excess reserves and that a bank receives a deposit into a checking account of $10,000 in currency
If the required reserve ratio is 0.20, what is the maximum amount that the BANKING SYSTEM can lend out? A) $8,000 B) $10,000 C) $40,000 D) $50,000