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Investment in capital goods only makes sense when a.the savings rate of a country is low.b.economies are organized along capitalist lines.c.the interest rate is high
- Investment in capital goods only makes sense when
a.the savings rate of a country is low.b.economies are organized along capitalist lines.c.the interest rate is high and people have a positive rate of time preference.d.the capital goods can be used to increase the future output of consumption goods.
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