Consider the long-run theory of investment, saving, and growth. For a given level of national income,...

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Consider the long-run theory of investment, saving, and growth. For a given level of national income, a decrease in private c

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Answer 1

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The correct option is: Decrease and the flow of national savings to increase.

Because savings and investment add to the stock of capital, more investment in capital leads to more economic growth. The amount and quality of labor: As long as the capital per worker does not decrease, more labor leads to more production.

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Consider the long-run theory of investment, saving, and growth. For a given level of national income,...

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