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Author Question: The savings rate in an economy equals: A) aggregate savings divided by GDP. B) GDP minus ... (Read 119 times)

theo

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on: Jun 30, 2018
The savings rate in an economy equals:
 
  A) aggregate savings divided by GDP. B) GDP minus aggregate consumption.
  C) GDP divided by aggregate savings. D) aggregate savings multiplied by GDP.

Question 2

Which of the following statements is true?
 
  A) Data are facts established by observation and measurement.
  B) Theories are statistics that describe the real world.
  C) Hypotheses are predictions that can be tested with data.
  D) Empirical evidences are facts, measurements, or statistics that describe the world.


cclemon1

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

A

Answer to Question 2

C


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