Consider Three Imaginary Countries

question 14

Multiple Choice

Consider three imaginary countries.In Aire,saving amounts to $4,000 and consumption amounts to $12,000;in Bovina,saving amounts to $3,000 and consumption amounts to $24,000;and in Cartar,saving amounts to $10,000 and consumption amounts to $50,000.The saving rate is

• A)higher in Aire than in Cartar,and it is higher in Cartar than in Bovina.
• B)higher in Cartar than in Aire,and it is higher in Aire than in Bovina.
• C)higher in Cartar than in Bovina,and it is the same in Bovina and Aire.
• D)higher in Aire than in Bovina,and it is the same in Aire and Cartar.

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