Desired National Saving Would Increase Unambiguously If There Were

question 97

Multiple Choice

Desired national saving would increase unambiguously if there were

• A)an increase in both current output and expected future output.
• B)an increase in both expected future output and government purchases.
• C)an increase in both expected future output and the expected real interest rate.
• D)a fall in both government purchases and expected future output.

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Definitions:

Price Level

The mean value of current prices across all types of goods and services generated within the economy.

Approximate Price

An estimated cost of a product or service, which may not be the final price due to various influencing factors.

Demand-Oriented

A pricing strategy that sets prices based on the customer's perceived value of the product or service, rather than the seller's cost.

Approximate Price

An estimated cost given to consumers for a product or service, not necessarily the final price.