Chat with AI
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 47
Circle the letter that corresponds to the best answer. Which statement is the most accurate?
A) The American personal saving rate would be higher if we counted capital gains as income that is not spent.
B) An average propensity to save of 0.02 means that only 2 percent of the population is saving any income.
C) Our low saving rate is not considered a problem by many economists.
D) Our government saving rate is always negative.
A) The American personal saving rate would be higher if we counted capital gains as income that is not spent.
B) An average propensity to save of 0.02 means that only 2 percent of the population is saving any income.
C) Our low saving rate is not considered a problem by many economists.
D) Our government saving rate is always negative.
Explanation
Verified
Verified
The
line equates expenditures and disp...
Macroeconomics 11th Edition by Stephen Slavin
Why don’t you like this exercise?
Other Minimum 8 character and maximum 255 character
Character 255
