Suppose Americans decide to save more of their incomes. If banks lendthis extra savings to businesses, which use the funds to build newfactories, how might this lead to faster growth in productivity? who doyou suppose benefits from the higher productivity? Is society getting a free lunch?

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Q: Suppose Americans decide to save more of theirincomes. If banks lend this extra saving to…

A: Productivity refers to the measures of efficiency of a production process. It is expressed as the…

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A: A thorough comprehension of opportunity cost is crucial to comprehending comparative advantage.…

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A: Production possibility frontier (PPF) or production possibility curve (PPC) shows different possible…

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A: Macroeconomics is the discipline of economics concerned with the overall structure, performance,…

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A: a) Opportunity cost is the cost of the next best alternative foregone.  If she opens a new health…

Q: s a family decision about how much income to save a microeconomics or macroeconomics topics

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A: 7.8 million Mexican-born immigrants were employed in the United States in 2012.

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A: Hi, thank you for the question. As per the guidelines, we are allowed to attempt only first…

Q: What is the opportunity cost of pizza as production moves from point C to Point D?

A: Opportunity cost is the foregone profit derived from another alternative that is not chosen.

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Q: What is intertemporal choice? And how it is elaborated in economics?

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A: Answer: Introduction: The phrase “There is no such thing as a free lunch” is also written as…

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Q: The statement that describes the term Scarcity is O a. a shortage of resources, goods or services O…

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Q: Which of the following are microeconomicissues? Which are macroeconomic issues?a. How will an…

A: Microeconomics Issues are those which deals with individual units and consumer behaviors. It is…

Q: which of the following questions is not a microeconomic question? oa. why is wealth unequally…

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