Why is the ability to borrow positively related to the rate of economic growth?
A) Lenders obtain additional wealth.
B) It provides motivation to keep spending to a minimum.
C) The incentive to invest is enhanced by economic growth.
D) All of the answers are correct.
Correct Answer:
Verified
Q29: Why is the demand for loanable funds
Q32: Why do people borrow?
A) to engage in
Q38: Q39: Modigliani's lifecycle theory of savings proposes that Q42: The supply of savings function is: Q50: The lifecycle theory of savings predicts individuals Q53: The supply of savings is positively sloped Q63: In economics,investment refers to: Q68: The demand to borrow function shows the Q72: Which of the following is TRUE about
A) upward
A) saving.
B) dissaving.
C) the
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