When Comparing Across Countries, the Higher the Rate of Saving

question 250

Multiple Choice

When comparing across countries, the higher the rate of saving

• A) the lower the level of per capita real Gross Domestic Product (GDP).
• B) the higher the level of per capita real Gross Domestic Product (GDP).
• C) the less industrialized the country.
• D) the lower the productivity rates.

---

Definitions:

Developing Countries

Nations with lower levels of industrialization, lower standards of living, and lower Human Development Index ratings compared to developed countries.

Reliable Source

A credible or trustworthy origin of information or data, often used in research or decision-making.

Source of Electricity

Any process or system that produces electric power, including fossil fuels, nuclear power, and renewable sources like solar, wind, and hydroelectric power.

Human Capital

The capabilities, expertise, and insight that a person or group holds, considered in relation to their worth or expense for a company or nation.