In the Long Run,an Increase in the Saving Rate

question 15

Multiple Choice

In the long run,an increase in the saving rate

• A)doesn't change the level of productivity or income.
• B)raises the levels of both productivity and income.
• C)raises the level of productivity but not the level of income.
• D)raises the level of income but not the level of productivity.

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Definitions:

Antitrust Violations

Acts that infringe upon laws designed to promote competition and prevent monopolies and other activities that restrict trade.

Consent Decrees

Legally binding agreements that resolve disputes between parties without admitting guilt or fault, often used by regulatory agencies to enforce compliance.

Remedial Measures

Actions taken to correct or rectify a problem, often after an error or mistake has been identified.

Nolo Contendere

A legal plea where the defendant does not contest the charge, which is not an admission of guilt but is treated as such for sentencing purposes.