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re: Here's an economics multiple choice question for you all
Posted on 5/15/14 at 4:55 pm to bayoubengals88
Posted on 5/15/14 at 4:55 pm to bayoubengals88
A.
C is wrong because an increase in consumer spending, all else equal, means a lower savings rate. Lower savings rate ---> less growth
C is wrong because an increase in consumer spending, all else equal, means a lower savings rate. Lower savings rate ---> less growth
2
Posted on 5/15/14 at 4:55 pm to The Sultan of Swine
quote:
Lower savings rate ---> less growth
Wait wut?
Posted on 5/15/14 at 4:56 pm to The Sultan of Swine
quote:
C is wrong because an increase in consumer spending, all else equal, means a lower savings rate. Lower savings rate ---> less growth
In the long run, we're all dead, son.
:rimshot:
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