What Is the Effect of a Higher Saving Rate in the Long

question 59

Multiple Choice

What is the effect of a higher saving rate in the long run?

• A) It decreases the capital stock.
• B) People must consume less in the future.
• C) It increases productivity.
• D) It leads to higher growth in real GDP.

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International Business Environment

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Organic Chemicals

Compounds primarily made of carbon atoms bonded together, along with hydrogen, oxygen, and other elements, used in a wide array of industrial and consumer products.