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:

Captain

A Captain is a leader or commander of a team, group, or organization, responsible for guiding and directing towards achieving goals.

Influence Tactics

Tactics that are used to convert power into actual influence over others.

Power

The ability or capacity to influence the behavior of others or the course of events.

Authority

The power or right to give orders, make decisions, and enforce obedience, often associated with a specific position or role within a hierarchy.