The U.S. personal saving rate ________
A) is much higher than the percentage the Chinese citizens save
B) is higher than the saving rate of most countries
C) cannot fall below zero
D) increased by a factor of five every year since the 1970s
E) none of the above
E
You might also like to view...
An export tariff will ________ producer surplus, ________ consumer surplus, ________ government revenue, and ________ overall domestic national welfare
A) increase; decrease; increase; have an ambiguous effect on B) increase; decrease; decrease; decrease C) increase; decrease; have no effect on; have an ambiguous effect on D) increase; decrease; have no effect on; decrease E) increase; increase; decrease; have an ambiguous effect on
An increase in real disposable income will:
a. increase the value of net exports of a country. b. decrease the value of net exports of a country. c. increase government purchases. d. decrease government purchases. e. increase net taxes.