Which of the following will lead to greater economic growth?
A) Individuals consuming their entire current income
B) Governments investing more in national defense
C) Governments investing in human capital and technology
D) Governments taxing new capital equipment to offset a budget deficit
E) High taxes on companies that spend a lot on capital formation
Correct Answer:
Verified
Q50: Higher levels of savings will result in
A)slower
Q51: Gross domestic product calculations include:
A)the opportunity cost
Q52: Identify the correct statement.
A)According to the Rule
Q53: Correct. The college tuition paid by John
Q54: Which of the following is mostly likely
Q56: Gross domestic product (GDP) is defined as
Q57: Which of the following is included in
Q58: In an economy with an unstable government
Q59: If a country increases its saving rate,
Q60: Identify the correct statement
A)Effective protection of property
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