Question: Which is the most accurate statement? ( LO10 ) a) The American personal savings rate would be higher if we counted capital gains as income

Which is the most accurate statement? ( LO10 )

a) The American personal savings rate would be higher if we counted capital gains as income which is not spent.

b) An average propensity to save of .02 means that only 2 percent of the population is saving any of their income.

c) Our low savings rate is not considered a problem by many economists.

d) Our government savings rate is always negative.

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