A higher saving rate will promote capital deepening

Indicate whether the statement is true or false

TRUE

Economics

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The production possibilities frontier model assumes all of the following except

A) the level of technology is fixed and unchanging. B) any level of the two products that the economy produces is currently possible. C) labor, capital, land and natural resources are fixed in quantity. D) the economy produces only two products.

Economics

Explain how more than one possible state of nature affects contract choices

What will be an ideal response?

Economics