Saving is necessary for production because
A) more roundabout production is better
B) less roundabout production is better
C) production takes time
D) production is expensive
E) production requires labor
Correct Answer:
Verified
Q1: Increased saving today means
A)more consumption today and
Q2: The benefit of the production of capital
Q3: Because present consumption is more highly valued
Q5: The production of capital goods, which are
Q6: Most companies that sell CDs by mail
Q7: Saving is
A)helpful for production but not necessary
B)not
Q8: Which of the following is an example
Q9: Which of the following is an example
Q10: For the typical consumer, present consumption is
A)preferred
Q11: If a person produces capital goods, she
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