In order to raise our rate of economic growth our country needs to
A)Spend more on consumer goods.
B)Use older,tried and true technology.
C)Have its consumers save less.
D)Have its business firms invest more.

Question

Quizplus · Accepted Answer

Investing more in business firms will increase productivity, create jobs, and ultimately lead to economic growth. Spending more on consumer goods or saving less will not necessarily lead to long-term economic growth. Using older technology may not be as efficient or profitable as utilizing newer, more advanced technology.

In Order to Raise Our Rate of Economic Growth Our