If a Country Were to Increase Its Saving Rate,then in the Long

question 37

Multiple Choice

If a country were to increase its saving rate,then in the long run it would also increase its

• A)level of income.
• B)growth rate of income.
• C)growth rate of productivity.
• D)All of the above are correct.

---

Definitions:

Store Equipment

Fixed assets specifically purchased for use in a retail store setting, such as shelving, cash registers, and display units.

Raw Materials

Basic materials that are used in the initial stages of the production process, which will be transformed into finished goods.

Inventory

The goods and materials held by a business for the purpose of sale, manufacturing, or production.

Plant Insurance

Insurance coverage specifically designed to protect the physical assets of a manufacturing or production facility, including buildings and machinery.