Sustainable economic growth depends upon

A. both saving and investment.
B. investment, not saving.
C. saving, not investment.
D. neither saving nor investment.

Answer: A

Economics

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Goods and services that the United States sells to other nations are called

A) exchanges. B) world goods. C) imports. D) exports. E) bartered goods.

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Two countries engaged in trade in products with no scale economies, produced under conditions of perfect competition, are likely to be engaged in

A) inter-industry trade. B) monopolistic competition. C) intra-industry trade. D) Heckscher-Ohlin trade. E) oligopolistic competition

Economics