In the absence of technological progress, we know with certainty that an decrease in the saving rate will cause which of the following? 1つ選択してください: O A. decrease steady state consumption O B. increase steady state consumption OC. have no effect on steady state consumption O D. decrease steady state consumption only if the decrease in saving exceeds the increase in depreciation O E. decrease steady state consumption only if the decrease in saving is less than the decrease in depreciation
In the absence of technological progress, we know with certainty that an decrease in the saving rate will cause which of the following? 1つ選択してください: O A. decrease steady state consumption O B. increase steady state consumption OC. have no effect on steady state consumption O D. decrease steady state consumption only if the decrease in saving exceeds the increase in depreciation O E. decrease steady state consumption only if the decrease in saving is less than the decrease in depreciation
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:In the absence of technological progress, we know with certainty that an decrease in the saving rate will cause which of the following?
1つ選択してください:
O A. decrease steady state consumption
OB. increase steady state consumption
OC. have no effect on steady state consumption
O D. decrease steady state consumption only if the decrease in saving exceeds the increase in depreciation
O E. decrease steady state consumption only if the decrease in saving is less than the decrease in depreciation
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