Other Things the Same,a Country That Increases Its Saving Rate

question 70

Multiple Choice

Other things the same,a country that increases its saving rate increases

• A)its future productivity and future real GDP.
• B)neither its future productivity nor future real GDP.
• C)its future productivity,but not its future real GDP.
• D)its future real GDP,but not its future productivity.

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Definitions:

Exchange Rate

The value of one currency for the purpose of conversion to another, which fluctuates based on market conditions and impacts international trade and investments.

British Pounds

The official currency of the United Kingdom, also known as GBP (Great Britain Pound).

Swiss Francs

The official currency of Switzerland and Liechtenstein, known for its strength and stability as a global finance indicator.

Brazilian Real

The official currency of Brazil, represented by the symbol R$ and subdivided into 100 centavos.