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Suppose that society decided to reduce consumption and increase investment. More investment leads to faster '7 economic growth in the long run. Which of the
Suppose that society decided to reduce consumption and increase investment. More investment leads to faster '7 economic growth in the long run. Which of the following statements are true about groups in society that would benefit from or be hurt by this change? Check all that apply. C] All groups can increase their spending. D There might be a transition period in which workers and owners in consumption-goods industries would receive lower incomes. C] There might be a transition period in which workers and owners in investment-goods industries would receive lower incomes
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