The Higher Saving Rate in an Economy Would Result in

question 89

Multiple Choice

The higher saving rate in an economy would result in

• A)the higher economic growth in the long run.
• B)the higher output per capita in the long run.
• C)the higher productivity growth in the long run.
• D)the lower output per capital in the long run.

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Definitions:

Adolescence

Stage of life commonly defined as the onset of puberty when sexual maturity or the ability to reproduce is attained.

Middle-Age

A period in a person's life typically ranging from about 45 to 65 years old, characterized by transitions in physical, emotional, and social aspects.

Psychology

The scientific study of the human mind and its functions, especially those affecting behavior in given contexts.

Coping Strategies

Techniques or methods employed by individuals to manage or mitigate stress, grief, or emotional distress.