If a Country's Saving Rate Declined,then Other Things the Same,in

question 112

Multiple Choice

If a country's saving rate declined,then other things the same,in the long run the country would have

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

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Definitions:

Dual-Coding Hypothesis

The assertion that long-term memory can code information in two distinct ways, verbally and visually, and that items coded both ways (e.g., pictures and concrete words) are more easily recalled than items coded in only one way (e.g., abstract words).

Remember

The cognitive process of recalling information or experiences from the past.

Word Pairs

A method used in memory studies, where two words are presented together as a pair to be remembered by the participant.

Mirror Image Reversal

The phenomenon where an image or object is reversed from left to right, as seen in a mirror reflection.