What Is the Effect of a Higher Saving Rate in the Long

question 59

Multiple Choice

What is the effect of a higher saving rate in the long run?

• A) It decreases the capital stock.
• B) People must consume less in the future.
• C) It increases productivity.
• D) It leads to higher growth in real GDP.

---

Definitions:

Perception of Emotions

Perception of Emotions involves the ability to recognize and understand one's own and others' emotions, which plays a critical role in human interactions and communication.

General Cognitive Ability

A measure of an individual's overall intellectual capabilities, including reasoning, problem-solving, and learning.

Performance

The effectiveness and outcomes of an individual's work activities and contributions to organizational goals.

Higher-Level Jobs

Positions within an organization that entail more responsibility, usually including management or executive tasks, and often require more experience or education.