The Relationship Between the Rate of Saving and Per Capita

question 127

Multiple Choice

The relationship between the rate of saving and per capita real GDP is

• A) positive.
• B) negative.
• C) constant.
• D) not stable.

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Definitions:

Wage Rate

The amount of compensation a worker receives per unit of time or per task completed.

Gardenburger Makers

Companies or entities involved in the production of Gardenburger, a brand of meatless burgers.

Normal Good

A type of good for which demand increases as the income of the consumer increases and decreases as the income of the consumer decreases, all else being constant.

Income

Money received, especially on a regular basis, for work or through investments, constituting the financial gain derived from labor, capital, or other sources.