Ebenezer Scrooge's (the main character in Charles Dickens' A Christmas Carol) change in behaviour from miser to spender might actually be detrimental to the economy because
A) Scrooge's miserly saving helped contribute to the production of investment goods rather than consumption goods.
B) Scrooge was happiest when he was saving money, and happiness is the key to economic growth.
C) saving has to be greater than consumption for the economy to grow.
D) Scrooge's consumption habits were more detrimental to the environment than were his earlier saving habits.
E) Scrooge's spending is likely to reduce the demand for loanable funds.
Correct Answer:
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