Suppose a Country Were to Increase Its Saving Rate

question 173

Multiple Choice

Suppose a country were to increase its saving rate. In the long run, what would also increase?

• A) its income and productivity levels
• B) its income growth rate and productivity level
• C) its income level and productivity growth rate
• D) its income and productivity growth rates

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Definitions:

Resistance

The refusal to accept or comply with something; the attempt to prevent something by action or argument.

Strategies

Plans of action designed to achieve a particular goal or overcome a challenge.

College Freshman

A student in their first year of college or university education.

Physics

The scientific study of matter, energy, and the interactions between them.