In Australia,the Saving Rate Is 15 Percent,while GDP Is $1

question 216

Multiple Choice

In Australia,the saving rate is 15 percent,while GDP is $1.34 trillion.Total saving in Australia is closest to ________.

• A) $200 billion
• B) $220 billion
• C) $240 billion
• D) $260 billion

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Definitions:

Effervescence

The release of gas bubbles from a liquid, often observed when acids react with carbonate rocks or minerals.

Streak

The color of a mineral's powder when rubbed across a rough hard surface, used as a diagnostic property in mineral identification.

Magnetism

A property of materials that causes them to attract or repel other materials based on the presence of a magnetic field.

Specific Gravity

The proportion between the density of a material and the density of a reference material, usually water, given a certain temperature.