An Increase in a Country's Saving Rate Will Tend to Cause

question 239

Multiple Choice

An increase in a country's saving rate will tend to cause which of the following in the long run?

• A) a reduction in per capita real GDP
• B) an increase in economic growth
• C) an increase in the unemployment rate
• D) an increase in the rate of inflation

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Definitions:

JPEG

A commonly used method of lossy compression for digital images, particularly for those images produced by digital photography.

MPEG

A set of standards for encoding audio and video that stands for Moving Picture Experts Group, widely used for digital television and streaming media.

Digital Music File Format

File formats used to store digital audio data, such as MP3, WAV, or AAC, allowing music to be played back on various devices.

ACCDB

ACCDB is the file format used by Microsoft Access 2007 and later versions, replacing the older MDB database format.