For economic growth to take place, we must consume more and save less.

Economists have noted that businesses of a certain type tend to congregate geographically, attracting workers with skills in those fields. This, in turn, lures more firms seeking employees with those skills

Some examples include commercial banking, software development, and the automobile industry. What mechanism is at work here? Briefly explain how the mechanism works to the advantage of employers and employees.

Which of the following is a component of money?

A) bonds B) saving C) income D) stocks E) none of the above