If citizens of a country are not saving much,which of the following actions should that country's government take?
A)force citizens to save
B)reduce investment
C)have foreigners invest in the domestic economy
D)prevent opportunities for citizens to buy capital assets abroad

Question

Quizplus · Accepted Answer

If citizens are not saving much, the government can encourage foreigners to invest in the domestic economy. This can increase the overall level of investment and help to promote economic growth. Forcing citizens to save or preventing opportunities for them to invest abroad can backfire and result in decreased consumer confidence and spending. Reducing investment is also not a viable option as it can lead to a slowdown in economic activity.

If Citizens of a Country Are Not Saving Much,which of the Following