The Short-Run Effects of an Increase in the Saving Rate

question 78

Multiple Choice

The short-run effects of an increase in the saving rate include

• A)a higher level of productivity.
• B)a higher growth rate of productivity.
• C)a higher growth rate of income.
• D)All of the above are correct.

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Definitions:

Species-specific Behaviors

Actions or patterns of activity that are unique to and characteristic of a particular species.

Survival

The act of continuing to live or exist, especially under challenging conditions or threats.

Contextual Perspective

View of human development that sees the individual as inseparable from the social context.

Environmental

Relating to or arising from the natural world and the impact of human activity on its condition.