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A higher rate of savings should lead to A) higher current consumption. B) less growth.

A higher rate of savings should lead to A) higher current consumption. B) less growth.

 A higher rate of savings should lead to

A) higher current consumption.

B) less growth.

C) more investment, capital growth, and future consumption.

D) a higher price level and reduced future consumption.

 

62) A lower rate of savings should lead to

A) lower current consumption.

B) more growth.

C) less investment, capital growth, and future consumption.

D) a higher price level and reduced future consumption.

63) The rate of economic growth will be faster

A) the greater the rate of growth of the money supply.

B) the greater the rate of saving.

C) the greater the rate of growth of the population.

D) the greater consumption spending is.

64) The rate of economic growth will be slower

A) the lower the rate of growth of the money supply.

B) the lower the rate of saving.

C) the lower the rate of growth of the population.

D) the lower consumption spending is.

 

65) Other things held constant, an increase in consumption spending implies

A) a decline in saving.

B) a decline in government spending.

C) a higher standard of living in the future.

D) economic growth will soon increase.

 

66) Other things held constant, a decline in saving implies

A) an increase in consumption spending.

B) a decline in government spending.

C) a higher standard of living in the future.

D) economic growth will soon increase.

67) Other things held constant, an increase in saving implies

A) a decrease in consumption spending.

B) a decline in government spending.

C) a lower standard of living in the future.

D) economic growth will soon decrease.

68) Other things held constant, a decrease in consumption spending implies

A) an increase in saving.

B) an increase in government spending.

C) a lower standard of living in the future.

D) economic growth will soon decrease.

 

69) Other things held constant, an increase in consumption spending implies

A) a decrease in saving.

B) a decrease in government spending.

C) a lower standard of living in the future.

D) economic growth is stagnant.

 

70) The more certain property rights are

A) the less people need to invest in education or human capital development.

B) the less entrepreneurship there will be.

C) the more capital accumulation there will be.

D) the more an economy must grow to maintain a certain living standard.

Abhinav 07-Dec-2019

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