Which of the following statements is true? A) If the opportunity cost
Which of the following statements is true?
A) If the opportunity cost of current consumption is high, people will save less.
B) If the opportunity cost of current consumption is high, the inflation rate will increase.
C) If the opportunity cost of current consumption is high, the unemployment rate will decrease.
D) If the opportunity cost of current consumption is high, people will save more.
ANSWER
D
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