A Higher Saving Rate Leads to A

question 81

Multiple Choice

A higher saving rate leads to a:

• A) higher rate of economic growth in both the short run and the long run.
• B) higher rate of economic growth only in the long run.
• C) higher rate of economic growth in the short run but a decline in the long run.
• D) large capital stock and a high level of output in the long run.

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Definitions:

Organization Structure

The system of tasks, workflows, reporting relationships, and communication channels that link together the work of diverse individuals and groups.

Lines Of Command

The hierarchical structure within an organization that dictates who is in charge of whom and who makes decisions.

Critical Thinking

The ability to evaluate evidence completely and objectively in order to form logical conclusions and make sound recommendations.

Evaluate Evidence

The process of examining and assessing information or data to form a judgment or conclusion.