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ogf78 ogf78
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A year ago
Which of the following statements is TRUE?

▸ For positive growth, the consumption in an economy should always be less than the saving.

▸ An extremely high saving rate can be counterproductive for an economy.

▸ The greater the saving rate in an economy, the slower the rate of physical capital accumulation.

▸ The greater the consumption expenditure in an economy, the faster the physical capital accumulation.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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illusionldillusionld
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A year ago
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You make an excellent tutor!
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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