The asset substitution effect tends to
A. cause an increase in savings.
B. cause people to retire early.
C. cause a decrease in savings.
D. cause people to retire later.
Answer: C
Economics
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A change in which of the following would NOT shift the supply curve for sneakers?
A) an increase in technology for making sneakers B) an increase in the price of rubber, used to make sneakers C) an increase in the price of sneakers D) None of the above, that is, each change shifts the supply curve
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To construct GDP, exports:
a. and imports must be subtracted. b. and imports must be included. c. must be included and imports must be ignored. d. must be included and imports must be subtracted.
Economics