Which of the following statements is true? A) For positive growth, co

Which of the following statements is true?

A) For positive growth, consumption in an economy should always be less than savings.
B) The greater the savings rate in an economy, the slower is the rate of capital accumulation.
C) The greater the consumption expenditure in an economy, the faster is capital accumulation.
D) Extremely high savings rate can be counterproductive for an economy in short term.

ANSWER

D