How does saving help a nation’s economy to grow?
a. Saving allows a nation to invest in new, productive capital.
b. When people have money saved, companies can pay lower wages.
c. Saving artificially increases the value of the stock market.
d. Saving prevents foreign countries from growing faster.
a. Saving allows a nation to invest in new, productive capital.
Economics
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Fill in the blank(s) with the appropriate word(s).
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Investments are actions that incur costs in the future but provide expected benefits today
Indicate whether the statement is true or false
Economics