Suppose an Economy Experiences an Increase in Its Saving Rate

question 156

Multiple Choice

Suppose an economy experiences an increase in its saving rate.The higher saving rate leads to a higher growth rate of productivity

• A)in the short run,but not in the long run.
• B)in the long run,but not in the short run.
• C)in both the short run and the long run.
• D)in neither the short run nor the long run.

---

Definitions:

Mexican-American Identity

The cultural and national identity of Americans of Mexican descent, shaped by the history of Mexican-American relations and the blending of Mexican and American cultures.

American Southwest

A geographical region in the United States characterized by arid deserts, unique cultures, and significant historical landmarks.

1920s

A decade characterized by dramatic social and political change, economic prosperity in the United States, and the rise of jazz music and the flapper subculture.

Emergence

The process of coming into being or of becoming prominent or important, often used in the context of ideas, trends, or phenomena.