Higher Saving Is Associated with

question 34

Multiple Choice

Higher saving is associated with

• A)a larger capital stock and higher productivity.
• B)a larger capital stock but not higher productivity.
• C)higher productivity but not a higher capital stock.
• D)neither a higher capital stock nor higher productivity.

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Definitions:

Legalize

The process of making certain actions, substances, or behaviors lawful and permissible by official, statutory means.

Pendleton Civil Service Act

U.S. legislation enacted in 1883 that established the Civil Service Commission and marked the beginning of a merit-based system for federal employment instead of jobs being awarded based on political affiliation.

Bribery

The act of giving, offering, receiving, or soliciting something of value to influence the actions of an official or other person in charge of a public or legal duty.

Harrison's Victory

A reference to the Battle of Tippecanoe in 1811, where General William Henry Harrison defeated the Native American forces.