Question

ut, ncome, and Economic Growth Qu.. To increase future Iving standards by pursuing higher current rates of investment spending, an e conormy must Multiple Choice altww hiher raes of reduce current rates of consumption spending reduce the current capital stock Prev 46 of 50111 Score answer> 7:10 PM x® ^ 40 1/19/2019 ch

Answer 1

To achieve increased standard of living in the future by investment spending we must reduce the current consumption spending today. The income used two way either consumed or saved, saved money is the investment that is by buying bonds,pensions plans etc... So if we want to save we must forgone the saving and vice versa. By reducing the current consumption rate a lot of money is saved and invested and that will increase the standard of living of people in the future.

Ans: Reduce current rate of consumption spending.