Which One of the Following Is True

question 256

Multiple Choice

Which one of the following is true?

• A) Saving deters economic growth, because it takes money out of circulation.
• B) Saving enables economic growth by providing for investment in the capital stock.
• C) International comparisons have found no relationship between the rate of saving and the level of per capita real GDP.
• D) Economies with sophisticated credit markets, such as the United States, have no need for saving.