A Higher Rate of Savings Should Lead to

question 9

Multiple Choice

A higher rate of savings should lead to

• A)higher current consumption.
• B)less growth.
• C)more investment,capital growth,and future consumption.
• D)a higher price level and reduced future consumption.

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders, and operates for profit.

Grand Jury

An authorized entity with the ability to carry out formal inquiries to examine suspected unlawful behavior and decide if criminal accusations ought to be filed.

Intentional Tort

A wrongful act knowingly committed.

Assault

Any word or action intended to make another person apprehensive or fearful of immediate physical harm. A reasonably believable threat.