Which of the Following Statements Concerning Saving Is True

question 17

Multiple Choice

Which of the following statements concerning saving is true?

• A)A country's saving rate is unrelated to its growth rate.
• B)A country's growth rate is unrelated to its national income.
• C)An increase in the rate of saving will lead to a reduction in consumption in the short run and in the long run.
• D)An increase in the rate of saving decreases gross domestic income by reducing current consumption but increases current and future gross domestic income through investment in capital goods.

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Definitions:

Vascularity

The degree to which tissues are supplied with blood vessels, crucial for the delivery of oxygen and nutrients and the removal of waste products.

Clitoris

A sensitive organ located in the female genitalia, involved in sexual pleasure.

Mammary Glands

The glands in female mammals that produce milk to feed young offspring.

Hormone

A chemical substance produced in the body that controls and regulates the activity of certain cells or organs.