Savings are influenced and determined by the economic policies followed by a State (this can affect interest rates and other variables that affect savings). Changes in the interest rate, for example, can make savers feel motivated or discouraged to save. An increase in interest rates may cause savers more reasons to decrease their consumption and save, or it may have the opposite effect. At the same income levels, it depends on two effects known as the income effect and the substitution effect. Just as the increase in interest rates may encourage the first responders to consume less to save more, it may happen that, as the savings yield is higher, the expected accumulation target can be met by allocating a larger portion of the income to present consumption. . This rise in interest rates may be due, for example, to the ways in which the government obtains resources for its activities. If the government decides to borrow resources from the financial system in a significant amount, interest rates will rise.
Answer:
Explanation:
- thomas edison electric lightbulb - allows factory workers to work after dark
- james watts steam engine - provided affordable power for factories,
trains, and ships
- eli whitney cotton gin - provided an efficient way to process cotton
to use in the growing textile industry
- henry bessermers bessermer process - provided an economical way to convert iron into steel to produce machinery for trains and factories
- louis pasteurs pasteurization process - provided a way to keep food products safer longer and reduce health risks
Answer:
C. The best way to encourage growth in the economy is through government spending
Explanation:
- The normative statement related the evaluative standard and designates some activities and outcomes as desirable and permissible and others as undesirable.
B the longest balloon is superman
