A reduction in national savings will
a. increase foreign capital flows into the country.
b. reduce domestic investment.
c. reduce domestic interest rates.
d. both a and b.
e. none of the above.
D
Economics
You might also like to view...
An economic variable that moves in the same direction as aggregate economic activity (up in expansions, down in contractions) is called
A) procyclical. B) countercyclical. C) acyclical. D) a leading variable.
Economics
Which of the following is hypothesized to explain the reduction in the rate of technological progress?
A) measurement error B) the increase in the size of the service sector C) a reduction in R&D spending D) all of the above E) none of the above
Economics