In the Long-Run,increased National Saving Must

question 108

Multiple Choice

In the long-run,increased national saving must
I: increase the income of the owners of capital in a closed economy.
II: increase the income of the domestic owners of capital in a small open economy.

• A) I is true; II is not.
• B) II is true; I is not.
• C) Both I and II are true.
• D) Neither I nor II is true.

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The systematic series of steps taken to identify and choose the best action from a set of alternatives.

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