In the World's Core,producing ________ Is Most Important for Economic

question 259

Multiple Choice

In the world's core,producing ________ is most important for economic well-being.

• A) knowledge
• B) physical goods

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Definitions:

National Saving

The total income in an economy that remains after deducting consumption expenditures and government spending.

Interest Rate

The fraction of a quantity of money levied for borrowing it, often shown as a yearly percentage rate.

Investment

The act of allocating resources, usually money, in the expectation of generating an income or profit.

Government Bonds

Debt securities issued by a government to support government spending and obligations.