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Author Question: Refer to Figure 8A.2. If the economy were originally saving at the rate s1 but changed to the rate ... (Read 78 times)

RYAN BANYAN

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Refer to Figure 8A.2. If the economy were originally saving at the rate s1 but changed to the rate s2
 
  A) depreciation will not catch up to total saving. B) capital deepening will continue past K2.
  C) the economy stops growing at e1. D) saving exceeds depreciation at K1.

Question 2

The quantity of money demanded is the
 
  A) income and volume of profits that people and businesses would like to receive.
  B) sum of checkable and savings deposits at banks.
  C) amount that people and businesses choose to hold.
  D) average daily volume of bank account withdrawals.
  E) fraction of cash holdings in an average investment portfolio.


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poopface

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RYAN BANYAN

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


ktidd

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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