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Author Question: Other things held constant, higher saving rates lead to A) increases in the number of hours ... (Read 200 times)

dmcintosh

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on: Jun 30, 2018
Other things held constant, higher saving rates lead to
 
  A) increases in the number of hours workers work. B) decreases in real per capita GDP.
  C) a lower standard of living. D) higher living standards.

Question 2

The aggregate demand curve shows that, if other factors are held constant
 
  A) higher price levels will result in higher total planned spending.
  B) higher price levels will result in lower total planned spending.
  C) lower price levels will result in inflationary conditions.
  D) higher price levels will result in lower interest rates.


durant1234

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


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