00:01
Okay, so i see that you need help with these questions and it wants to know if these are true or false.
00:04
There's eight statements.
00:05
So if it's true, i'm just going to write true.
00:06
If it's false, then i'll say why.
00:09
So the first one is true because saving and investment are necessary to build a future.
00:15
The second one is also true because economic rent exists due to the market imperfections.
00:23
Number three is also true.
00:25
The problem of inadequate wage is intertwined with a problem of employment.
00:40
The fourth one is going to be false.
00:44
It states that taxes cannot distort savings, investment, and consumption as income earners shift to substitute to avoid tax burden.
00:54
It is false because taxes can distort savings.
01:06
So it can not cannot...