The Largest Group of Macroeconomic Players That Chooses Whether or Not

question 71

Multiple Choice

The largest group of macroeconomic players that chooses whether or not to save is

• A) businesses.
• B) the Bank of Canada and banking system.
• C) government.
• D) consumers.
• E) the rest of the world.

---

Definitions:

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business over a certain period.

Operating Leverage

A financial ratio that measures the proportion of fixed costs to variable costs in a company's cost structure, indicating how revenue growth translates into growth in operating income.

EPS Variability

Fluctuations in a company's earnings per share over time, indicating the volatility of its profitability.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, indicating the fixed versus variable costs structure of a business.