If a Country's Saving Rate Increases, What Happens in the Long

question 16

Multiple Choice

If a country's saving rate increases, what happens in the long run?

• A) Income decreases faster.
• B) Productivity increases faster.
• C) Productivity decreases.
• D) Income increases.

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Definitions:

Reliable

The quality of being consistently good in performance, accuracy, or being able to be trusted.

Depression

A common mental health disorder characterized by persistent sadness, lack of interest, and a range of physical and emotional problems.

Winter

The coldest season of the year, characterized by shorter days, longer nights, and typically, snowfall or colder temperatures, depending on the region.

Spring

One of the four temperate seasons, typically associated with rebirth, renewal, and growth.