In the long-run,increased national saving must
I: increase the income of the owners of capital in a closed economy.
II: increase the income of the domestic owners of capital in a small open economy.
A) I is true; II is not.
B) II is true; I is not.
C) Both I and II are true.
D) Neither I nor II is true.

Question

In the long-run,increased national saving must 
I: increase the income of the owners of capital in a closed economy.
II: increase the income of the domestic owners of capital in a small open economy.
A) I is true; II is not.
B) II is true; I is not.
C) Both I and II are true.
D) Neither I nor II is true.

Quizplus · Accepted Answer

The Answer of In the long-run,increased national saving must 
I: increase the income of the owners of capital in a closed economy.
II: increase the income of the domestic owners of capital in a small open economy.
A) I is true; II is not.
B) II is true; I is not.
C) Both I and II are true.
D) Neither I nor II is true.

In the Long-Run,increased National Saving Must