Solved

Which of the Following Statements Is True

Question 103

Multiple Choice

Which of the following statements is true?


A) An extremely high saving rate can be counterproductive for an economy.
B) The greater the saving rate in an economy, the slower the rate of physical capital accumulation.
C) For positive growth, the consumption in an economy should always be less than the saving.
D) The greater the consumption expenditure in an economy, the faster the physical capital accumulation.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents