Other things being constant, countries with higher rates of saving
a. will have smaller GDPs than countries with lower rates of saving.
b. will have higher rates of investment, but slower growth.
c. will have higher rates of investment and growth.
d. will be operating at less than full employment and potential output.
C
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A labor union is a group of
a. employees who join together to improve their working conditions b. firms that join together to hire workers c. firms that work together to negotiate better prices in the market d. farmers who work together to receive better prices for their agricultural products e. workers and firm owners who join together to improve working conditions
The central idea of the consensus vision of democracy is that policy should be determined by ______.
A. only the representatives B. those with minority preferences C. those with majority preferences D. as many citizens as possible