Which one of the following is TRUE?
A) Japan and Germany have higher saving rates than does the United States.
B) The United States has about the same saving rate as does Singapore.
C) Saving slows economic growth by taking money out of circulation.
D) There is no empirical evidence to show that saving rates are related to economic growth.
Correct Answer:
Verified
Q12: Economic growth can be shown by
A) the
Q13: Which of the following does NOT contribute
Q14: Economic growth
A) is always positive.
B) is always
Q15: A 1% change in the annual growth
Q16: Investment in human capital
A) has no effect
Q18: Studies indicate that
A) there is a positive
Q19: The relationship between savings rates and growth
Q20: Higher savings rates mean higher future growth
Q21: Economists concerned with innovation and knowledge conclude
Q22: Research has shown that the growth of
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