Higher levels of savings will result in all of following except:
a. greater economic growth
b. higher capital formation.
c. more consumption in the future.
d. lower rates of investment.
d
Economics
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Explain the structure of the circular flow model
What will be an ideal response?
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In the above figure, point B
A) is superior to point A. B) is inferior to point A. C) is as good as point A. D) could be superior to, inferior to, or as good as point A but there is no way of telling which.
Economics