Figure 10-5
-In the figure above, suppose that the economy's steady-state point is C. At points to the left of this, steady-state investment ________ national saving, moving the economy ________ point C.

Question

Figure 10-5 
-In the figure above, suppose that the economy's steady-state point is C. At points to the left of this, steady-state investment ________ national saving, moving the economy ________ point C.

Quizplus · Accepted Answer

Steady-state investment falls short of national saving, moving the economy closer to point C.

Figure 10-5 -In the Figure Above, Suppose That the Economy's Steady-State Point