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Author Question: Saving is important for economic growth because A) a higher saving rate will decrease the ... (Read 129 times)

jenna1

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on: Jun 30, 2018
Saving is important for economic growth because
 
  A) a higher saving rate will decrease the standard of living in the future.
  B) a higher saving rate increases investment spending.
  C) more saving increases consumption immediately.
  D) a higher saving rate reduces investment spending.

Question 2

According to the classical economists, an economy producing 15 trillion in goods and services
 
  A) may be producing too much since the needs of people may not be this great.
  B) could experience a permanent glut if no one has estimated the demand for goods and services in the economy.
  C) simultaneously generates the income necessary to purchase 15 trillion in goods and services.
  D) is supplying 15 trillion in goods and services, but could be demanding more or less than 15 trillion in goods and services for a very long period of time.


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maya.nigrin17@yahoo.com

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

B

Answer to Question 2

C


jenna1

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Reply #2 on: Jun 30, 2018
Thank you :)


maya.nigrin17@yahoo.com

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Reply #3 on: Jun 30, 2018
Happy to help you


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