If a Country Increases Its Saving Rate,which of the Following

question 40

Multiple Choice

If a country increases its saving rate,which of the following permanently grow at a higher rate?

• A)productivity and real GDP per person
• B)productivity but not real GDP per person
• C)real GDP per person but not productivity
• D)neither real GDP per person nor productivity

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Definitions:

Authority Relationships

The structured interactions and power dynamics between individuals in positions of command and those who report to them within an organization.

Raw Materials

Basic substance in its natural, modified, or semi-processed state, used as an input to a production process for subsequent modification or transformation into a finished good.

Suppliers

Entities that provide goods or services to another organization, playing a critical role in the supply chain.

Distributors

Companies or entities that are responsible for delivering products from manufacturers to the final consumers or retailers.