Take the following as truth: 3. Although gross national saving as a share of GDP in the 1990s was low by U.S. historical standards, U.S. saving as a share of GDP has generally been lower than other major industrialized countries over the past 40 years.
Then the following statement: "In the 90s, gross national savings were low within the context of the US's historical standards." is true, false, or inconclusive?
Answer: True