On the Solow Diagram, an increase in the saving rate is shown by ________

A) an upward shift of the depreciation line
B) an upward shift of the investment function
C) an upward shift of the per-worker production function
D) a downward shift of the investment function

B

Economics

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Governments are most effective at providing pure private goods

Indicate whether the statement is true or false

Economics

Markets are

A) a mechanism through which prices of goods and services are determined by the forces of supply and demand. B) specific geographic locations. C) hypothetical constructs used to analyze how people form their tastes and preferences. D) places where people can inspect goods and services carefully.

Economics