Higher savings rates mean higher future growth rates because
A) the interest earned from saving gives you more money.
B) the banks have more money to distribute to their shareholders.
C) saving leads to less investment, which leads to more capital stock.
D) saving leads to more investment, which leads to more capital stock.
Correct Answer:
Verified
Q15: A 1% change in the annual growth
Q16: Investment in human capital
A) has no effect
Q17: Which one of the following is TRUE?
A)
Q18: Studies indicate that
A) there is a positive
Q19: The relationship between savings rates and growth
Q21: Economists concerned with innovation and knowledge conclude
Q22: Research has shown that the growth of
Q23: Which one of the following is FALSE?
A)
Q24: The reason that the government offers inventors
Q25: A document issued by the government to
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