From a macroeconomic perspective, the problem of low household saving has probably been overstated because:

A. household saving represents a smaller share of national saving than does public saving.
B. it is national saving, not household saving, that allows an economy to accumulate new capital.
C. household saving is not related at all to an economy's ability to accumulate new capital.
D. household saving has been increasing steadily over the last three decades.


Answer: B

Economics

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Public debt is held as

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According to the text, the actual M2 multiplier in the United States today is

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If nominal GDP is $954 billion and velocity is 9, then the money supply: a. is $106 billion

b. is $122 billion. c. is $98 billion. d. is greater than $8 trillion.

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