More of Society's Resources Will Be Channeled into Capital When

question 66

Multiple Choice

More of society's resources will be channeled into capital when

• A)interest rates are high
• B)households decide to save less of their income
• C)businesspeople have optimistic expectations about the future
• D)corporate income taxes increase
• E)aggregate income decreases

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Definitions:

Synthetic A Priori

A concept in epistemology that denotes judgments that are derived independently of experience while still providing new knowledge.

Kant

A profound influential philosopher, Immanuel Kant is celebrated for his work in the critique of pure reason and his moral philosophy that emphasizes duty, autonomy, and the moral law.

Authoritative Knowledge

Knowledge or information that is widely accepted and respected, often due to its source's credibility or its empirical verification.

Science

An organized effort that develops and arranges knowledge as verifiable explanations and forecasts regarding the cosmos.