Author Question: Refer to the above figure. The figure represents the saving function for the consumer. Point B ... (Read 45 times)

moongchi · **on:** Jun 30, 2018

Refer to the above figure. The figure represents the saving function for the consumer. Point B represents

A) the amount of autonomous consumption. B) the point at which saving equals zero.
C) a situation in which saving is negative. D) a situation in which saving is positive.

Question 2

All of the following are listed in the text as being keys to economic development EXCEPT

A) a system of property rights. B) an open economy.
C) an educated population. D) a higher level of protectionism.