Ask Question
25 May, 22:15

Some economists say that economic growth involves a trade-off between current generations and future generations. If a current generation raises its saving rate, what does it sacrifice?

A. Current consumption.

B. Human capital.

C. Capital deepening.

D. Both a and b.

+2
Answers (1)
  1. 26 May, 00:34
    0
    Answer:A) Current Consumption

    Explanation:

    When consumption reduces there is more to reserve for future but if consumption increases then the future generation's consumption is at stake because level of savings will reduce in the current generation.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Some economists say that economic growth involves a trade-off between current generations and future generations. If a current generation ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers