Multiple Choice
If there were a permanent increase in technology, A, we would expect real saving to:
A) increase as the increase in real consumption is less than real GDP.
B) increase as the increase in real consumption is more than real GDP.
C) decrease as the increase in real consumption is more than real GDP.
D) decrease as the increase in real consumption is less than real GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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