Regarding the role of saving in economic growth, studies indicate that
A. there is a negative relationship between economic growth and saving.
B. there is both a positive and a negative relationship between economic growth and saving.
C. there is a positive relationship between economic growth and saving.
D. there is no relationship between economic growth and saving.
Answer: C
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The real interest rate is ________ related to the supply of loanable funds because ________
A) negatively; the opportunity cost of consumption expenditure increases as the real interest rate rises B) negatively; people are motivated to save more as the real interest rate rises C) positively; people are motivated to increase their consumption expenditure as the real interest rate rises D) positively; the opportunity cost of consumption expenditure increases as the real interest rate rises E) None of the above answers is correct.
Some of the earnings gap between ethnic groups might be explained by differences in the quality of schooling
Indicate whether the statement is true or false
Explain why taxes on pollutants reduce pollution while subsidies to firms cutting their pollutants actually increase pollution.
What will be an ideal response?
The concept of the monetary policy rule is based on the assumption that:
A. discretionary fiscal policy crowds out investment spending. B. the natural rate of unemployment is constant in the long run. C. monetary policy lags are shorter than fiscal policy lags. D. the velocity of money is constant in the short run.