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:

Sodium Ions

Positively charged particles of sodium, vital for maintaining the electrolyte balance and blood pressure in the body.

Axon

A long, slender projection of a nerve cell that typically conducts electrical impulses away from the neuron's cell body.

Dendrites

Branched extensions of a neuron that receive impulses from other neural cells and transmit them towards the cell body.

Myelinated

Refers to nerve fibers that are covered by a protective fatty layer known as myelin, which helps in faster transmission of electrical impulses.