If a Country Were to Increase Its Saving Rate,then in the Long

question 37

Multiple Choice

If a country were to increase its saving rate,then in the long run it would also increase its

• A)level of income.
• B)growth rate of income.
• C)growth rate of productivity.
• D)All of the above are correct.

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Definitions:

Civitas

A Latin term used in ancient Rome to refer to the body of citizens who constituted the city as a legal entity, as well as the citizenship and rights associated with it.

Mohenjo-Daro

An archaeological site in Pakistan, belonging to the Indus Valley Civilization, notable for its advanced urban planning.

Social Stratification

Social stratification is the ranking of individuals and groups in any given society, which leads to economic inequality and variation in access to resources and opportunities.

Anthropologists

Scientists who study humanity, with a focus on culture, behaviors, and biological aspects and how they vary or remain constant across human populations.