A higher rate of saving should lead to
A) higher current consumption.
B) less growth.
C) more investment, higher capital growth, and more future consumption.
D) a higher price level and reduced future consumption.
C
Economics
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Consumer surplus is the difference between what the producer actually receives for a good and what the producer is willing to receive
a. True b. False Indicate whether the statement is true or false
Economics
The marginal revenue product of labor is equal to
A. The change in total output divided by the change in the quantity of labor. B. The marginal physical product multiplied by the price. C. The change in the quantity of labor divided by the change in total revenue. D. The percentage change in total revenue divided by the percentage change in the quantity of labor.
Economics