High rates of saving and investing in the private sector promote economic growth by:
A. improving technology.
B. increasing human capital.
C. improving the social and legal environment.
D. increasing physical capital.
Answer: D
You might also like to view...
? In Figure 5-13, the consumer can afford any combination of X and Y represented by a point
A. on line AB only. B. on or below line AB. C. on or above line AB. D. anywhere on the graph.
Which of the following will increase the yield on a bond?
a. a reduction principal b. an increased risk of default c. an increase in the bond's price d. a reduced risk of default e. none of the above
Which of the following is an example of a transfer payment?
a. wages paid to military personnel b. benefits paid to Social Security recipients c. purchase of aircraft by the Department of Defense d. payments made to a contractor for construction of a highway
Which of the following is true about the Bitcoin:
a. Bitcoin transactions are not cleared through clearing houses, such as Mt. Gox. b. Bitcoin has a fixed exchange rate relative to the U.S. dollar and other currencies. c. A Bitcoin can be purchased and sold via foreign exchange dealers, just like the dollar or euro. d. Bitcoin transactions are highly visible and, therefore, taxable events.