In the Long Run,a Higher Saving Rate

question 77

Multiple Choice

In the long run,a higher saving rate

• A)cannot increase the capital stock.
• B)means that people must consume less in the future.
• C)increases the level of productivity.
• D)None of the above is correct.

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Definitions:

Years

A term referring to the span of time equivalent to 365 days or 12 months, typically used in the context of age, experience, or historical periods.

Y-Intercept

The point where a line or curve intersects the y-axis of a coordinate system.

Vertical Spread

A strategy in options trading that involves purchasing and selling of two options of the same type and expiration date but different strike prices.

Data Points

Individual values or measurements that are collected through observation and are represented in a data set.