If a Country Increases Its Saving Rate,which of the Following

question 40

Multiple Choice

If a country increases its saving rate,which of the following permanently grow at a higher rate?

• A)productivity and real GDP per person
• B)productivity but not real GDP per person
• C)real GDP per person but not productivity
• D)neither real GDP per person nor productivity

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Definitions:

Religious Toleration

The acceptance and allowance of different religious beliefs and practices without persecution.

Maryland

A state in the Mid-Atlantic region of the United States, known for its waterways and coastline on the Atlantic Ocean and the Chesapeake Bay.

English Liberty

The idea that English people were entitled to certain liberties, including trial by jury, habeas corpus, and the right to face one’s accuser in court. These rights meant that even the English king was subject to the rule of law.

Right to Jury Trial

A legal right guaranteed by the Constitution of many countries, including the United States, allowing a person accused of a crime to be tried by a jury of their peers rather than by a judge alone.