Author Question: International evidence on the relationship of per capita income and the saving rate suggests that ... (Read 120 times)

jerry coleman · **on:** Jun 30, 2018

International evidence on the relationship of per capita income and the saving rate suggests that ________.

A) a high level of income per person requires a high saving rate
B) a high saving rate guarantees a high level of income per person
C) a high saving rate might result in a high level of income per person
D) a high saving rate requires a high level of income per person

Question 2

In the national income accounts, investment includes all of the following EXCEPT:

a. stock market purchases.
b. inventories.
c. purchases of equipment.
d. new home sales.