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Author Question: Which of the following helps to explain the high savings rate in Singapore? A) employer ... (Read 89 times)

Kikoku

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on: Jun 30, 2018
Which of the following helps to explain the high savings rate in Singapore?
 
  A) employer contributions for workers under the age of 50
  B) the lack of a Social Security system like the one in the United States
  C) government policy
  D) all of the above

Question 2

According to the quantity theory of money, the price level decreases in equal proportion to
 
  A) a decrease in the nominal interest rate. B) an increase in the real interest rate.
  C) an increase in the income velocity of money. D) a decrease in the money supply.


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frejo

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

D

Answer to Question 2

D


Kikoku

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Reply #2 on: Jun 30, 2018
Thank you


frejo

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Reply #3 on: Jun 30, 2018
No problemo


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