Higher Saving Is Associated with

question 22

Multiple Choice

Higher saving is associated with

• A)a larger capital stock and a higher standard of living.
• B)a larger capital stock but not a higher standard of living.
• C)a higher standard of living but not a larger capital stock.
• D)neither a higher standard of living nor a higher capital stock.

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Definitions:

Incarcerated

The state of being confined in prison or jail, typically as punishment for a crime.

Breaking Into

Often refers to successfully entering or starting in a new field, area, or industry, particularly one that is difficult to access.

Electronics

The branch of science and technology concerned with the design, development, and utilization of devices and systems that operate by controlling the flow of electrons or other electrically charged particles.

Prime Minister

The Prime Minister is the head of government in a parliamentary system, responsible for running the country's administration and implementing policies, usually the leader of the majority party.