In Developing Economies, National Saving Is Often ________ Relative to Developed

question 36

Multiple Choice

In developing economies, national saving is often ________ relative to developed economies.

• A) high
• B) the same
• C) hard to tell
• D) low
• E) low for the very poor countries and high for the more developed

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Definitions:

Symbols

Entities or marks that stand for or represent something else, especially as a means of communication through representation of ideas, objects, or relationships.

Language

A system of communication used by a particular community or country, consisting of written, spoken, or signed words and the rules for combining them.

Problem Solving

The process of finding solutions to difficult or complex issues by using methods and techniques to overcome obstacles.

Heuristics

Mental shortcuts that ease the cognitive load of making decisions or solving problems.