The Increase in the Supply of Farm Products Due to Increased

question 119

True/False

The increase in the supply of farm products due to increased technology is overshadowed by demand increases for farm products from increased population.

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Definitions:

Private Saving

The portion of households' income that is not spent on consumption or taxes, often put aside for future use or investment.

Private Saving

The amount of income that households save after accounting for their spending and taxes.

Investment

The allocation of resources, usually financial, into assets or projects expected to yield future profits or revenue.

Debt Finance

Raising capital through the borrowing of funds to be paid back at a later date, often with interest.