In the Long Run,an Increase in the Saving Rate

question 15

Multiple Choice

In the long run,an increase in the saving rate

• A)doesn't change the level of productivity or income.
• B)raises the levels of both productivity and income.
• C)raises the level of productivity but not the level of income.
• D)raises the level of income but not the level of productivity.

Understand reasons why slaves opted to run away and the implications of such actions.

Compare the work and punishment of enslaved men and women on large plantations.

Understand the practice of slave hiring and how it operated within the larger slave economy.

Recognize the strategies slaves used during auction sales to navigate their futures.

---

Definitions:

Outcomes

The results or effects of actions, processes, or operations, measured in terms of success, failure, or impact.

Measurement Strategy

A plan to assess the effectiveness and impact of a particular effort or campaign, using specific metrics and tools.

Jargon

Specialized language or terminology used by a particular group or profession, often difficult for outsiders to understand.

Budget

An estimate of income and expenditure for a set period of time.