Two Countries with the Same Saving Rates Must Have the Same

question 48

True/False

Two countries with the same saving rates must have the same growth rate of real GDP per person.

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Definitions:

Biological Motive

An innate drive derived from biological needs that prompts an organism to take action.

Drive

An internal motivational state created by physiological or psychological needs.

Extrinsic Motivation

A form of motivation that drives individuals to perform tasks and engage in activities mainly because of external rewards or to avoid punishment.

Intrinsic Motivation

The drive to engage in an activity for its own sake, without the need for external reward or recognition.