If the Saving Rate Increases, a Country's Growth Rate of Real

question 71

Multiple Choice

If the saving rate increases, a country's growth rate of real GDP per hour of labor ________ and capital per hour of labor ________.

• A) increases; increases
• B) increases; decreases
• C) decreases; increases
• D) decreases; decreases

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Definitions:

Corporate Culture

The shared values, beliefs, and practices that define the character and conduct of an organization.

Organisational Staffing

The process of hiring and developing personnel to meet the needs of an organization.

Competitive Advantage

An attribute or set of attributes that allows an organization to outperform its competitors, often leading to greater market share or profitability.

Organisational Change

The process by which organizations transform their structure, strategies, operational methods, or culture to cope with internal and external challenges.