Use the Table Below to Answer This Question

question 63

Multiple Choice

Use the table below to answer this question. The data show national savings rates as a percentage of GDP; the growth rate of real GDP per person; and birth rates in 2006. www.econstats.com; www.os-connect.com
If the data support the neoclassical growth theory, we would expect to see

• A) Japan with the highest economic growth rate because the high saving means that more capital is accumulated.
• B) the United States with the highest economic growth rate because a lower savings rate means more income is spent on consumption.
• C) Canada with the highest economic growth rate because it has the highest real GDP per person.
• D) the United States with the highest economic growth rate because it has the highest birth rate.

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