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Author Question: Which of the following statements is (are) correct? According to the Feldstein-Horioka Saving ... (Read 46 times)

anshika

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on: Jun 30, 2018
Which of the following statements is (are) correct? According to the Feldstein-Horioka Saving Investment Puzzle
 
  a. countries with relatively low saving to income ratios have relatively high investment to income ratios.
  b. there is no correlation between investment and saving in developed countries.
  c. countries with a high ratio of saving to income have high ratios of investment to income.
  d. Both a and b

Question 2

The Great Depression and the New Deal transformed the U.S. into which type of economy?
 
  (a) Laissez-faire
  (b) Socialist
  (c) Mixed
  (d) Communist


ashely1112

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

C

Answer to Question 2

(c)


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