A household increases its wealth by
A) increasing its capital consumption.
B) making sure that its net investment exceeds its gross investment.
C) saving.
D) spending more on consumption goods.
E) decreasing its depreciation.
C
Economics
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If an economy grows at 6 percent per year, how many years would it take for real GDP to double?
What will be an ideal response?
Economics
In the figure above, what happens to total revenue as we move from point A to point B?
A) It increases. B) It decreases. C) It remains constant. D) It becomes negative. E) More information about the elasticity of demand is needed to determine if it increases, decreases, or does not change.
Economics