Explanations for the High Saving Rate in China Consistent with the Life-Cycle

Multiple Choice

Explanations for the high saving rate in China consistent with the life-cycle reason for saving include:

A) China's social safety net provides most people little in the way of retirement income.
B) lifetime employment.
C) the desire to leave resources to children who provide support and attention to parents in their old age.
D) low unemployment rates in Japan.