Increased saving today means _____
A) more consumption today and in the future.
B) less consumption today and in the future.
C) more consumption today and less in the future.
D) less consumption today and more in the future.
E) more income today and more consumption in the future.
Correct Answer:
Verified
Q11: The rate of time preference is positive
Q12: Which of the following does not reflect
Q13: Most companies that sell CDs by mail
Q14: What increases with saving?
A)production
B)consumption
C)interest rates
D)time
E)uncertainty
Q15: Explanations for a positive rate of time
Q17: Saving is _
A)helpful for production but not
Q18: Explanations for a positive rate of time
Q19: Financial markets for stocks and bonds _
A)channel
Q20: The difference between income and consumption is
Q21: Exhibit 13.2
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