An Increase in Saving

question 96

Multiple Choice

An increase in saving

• A) decreases the amount of resources available for investment.
• B) increases the amount of resources that can be devoted to the purchase of capital goods.
• C) reduces real GDP by decreasing consumption.
• D) increases a country's present standard of living.

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Definitions:

Hepatic Vein

A vein that drains deoxygenated blood from the liver into the inferior vena cava.

Inferior Vena Cava

A large vein that carries deoxygenated blood from the lower half of the body back to the right atrium of the heart.

Celiac Trunk

A major artery that provides blood to the stomach, spleen, liver, and other organs in the abdomen.

Renal Artery

The blood vessel that carries oxygen-rich blood to the kidneys for the process of filtration and regulation of blood pressure.