In the long run, a higher saving rate
a. cannot increase the capital stock.
b. increases the growth rate of income.
c. increases the growth rate of productivity.
d. None of the above is correct.
d
Economics
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In the 1960s, banks started issuing negotiable CDs in order to
A) offer higher interest rates than they were allowed to on deposits. B) lower information costs. C) appeal more to the small borrower. D) lend in the direct finance market.
Economics
When the price level falls
a. households want to lend less. b. the interest rate rises. c. firms want to spend less on investment goods. d. None of the above are correct.
Economics