In the Long Run,a Higher Saving Rate

question 77

Multiple Choice

In the long run,a higher saving rate

• A)cannot increase the capital stock.
• B)means that people must consume less in the future.
• C)increases the level of productivity.
• D)None of the above is correct.

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Definitions:

Centralized

The concentration of control, authority, or decision-making power within a singular or limited locale or organization hierarchy.

Communication

The process of sharing information, ideas, feelings, and messages through speech, writing, signals, or behaviors.

Effort Duplication

The unnecessary repetition of work or tasks, often resulting in wasted resources and time.

Matrix Structure

A hybrid organizational structure that combines aspects of both functional and divisional structures, with employees typically reporting to more than one manager.