Which of the following can increase the future rate of growth of the U.S. economy and contribute to higher future living standards? A. An increase in the proportion of the population that is retired and therefore receiving income from social security pensions rather than from work. O B. An increase in the rate of savings and investment. OC.A ban on new immigration that will slow the rate of growth of the labor force. OD.A decrease in the rate of saving and investment.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter20: Economic Growth
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Problem 12SCQ: Why dues productivity growth in high-income economies not slow down as it runs into diminishing...
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Question 13
Which of the following can increase the future rate of growth of the U.S. economy and contribute to higher future living standards?
O A. An increase in the proportion of the population that is retired and therefore receiving income from social security pensions rather than from work.
O B. An Increase in the rate of savings and investment.
OC.A ban on new immigration that will slow the rate of growth of the labor force.
O D.A decrease in the rate of saving and investment.
Transcribed Image Text:Question 13 Which of the following can increase the future rate of growth of the U.S. economy and contribute to higher future living standards? O A. An increase in the proportion of the population that is retired and therefore receiving income from social security pensions rather than from work. O B. An Increase in the rate of savings and investment. OC.A ban on new immigration that will slow the rate of growth of the labor force. O D.A decrease in the rate of saving and investment.
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