If a Country's Saving Rate Increases,which of the Following Happens

question 177

Multiple Choice

If a country's saving rate increases,which of the following happens in the long run?

• A)Income decreases faster.
• B)Productivity increases faster.
• C)Productivity decreases.
• D)Income increases.

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Definitions:

China

A country located in East Asia, known for being the world's most populous nation and for its significant cultural and economic influence.

European Union

A political and economic union of 27 European countries that are located primarily in Europe, aimed at facilitating free trade and common policies.

Medium-Powered Transmitters

These are transmitters that operate at an intermediate power level, suitable for regional broadcasting.

GEO

Geostationary Earth Orbit; a circular orbit around Earth that allows satellites to remain in the same position relative to the Earth's surface.