Regarding the role of saving in economic growth, studies indicate that
A) there is both a positive and a negative relationship between economic growth and saving.
B) there is a positive relationship between economic growth and saving.
C) there is a negative relationship between economic growth and saving.
D) there is no relationship between economic growth and saving.
B
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The principal danger to Japan in 2001 when the yen was appreciating was that this would
a. increase aggregate demand and make inflation worse. b. decrease aggregate demand and make the recession worse. c. decrease aggregate demand and make inflation worse. d. increase aggregate demand and make the recession worse.
For a country producing two goods, the opportunity cost of one good will be the inverse of the opportunity cost of the other good
a. True b. False Indicate whether the statement is true or false