Mac2 exam - Study guides, Class notes & Summaries
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MAC2 Exam Questions And Answers Graded A+
- Exam (elaborations) • 7 pages • 2024
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MAC2 Exam Questions And Answers Graded A+...
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MAC2 Exam Questions With Correct Answers
- Exam (elaborations) • 6 pages • 2024
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MAC2 Exam Questions With Correct 
Answers 
The level of a nation's GDP measures __________ - answereconomic prosperity 
The growth rate of GDP measures - answereconomic progress 
How higher saving leads to a higher standard of living - answerHigher saving --> physical 
capital increases --> more investment --> profit --> higher standard of living 
What deter a policymaker from trying to raise the rate of saving? - answerFuture is 
unpredictable 
People can't enjoy to invest on futu...
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