When a Country Saves a Larger Portion of Its GDP

question 4

Multiple Choice

When a country saves a larger portion of its GDP than it did before,it will have

• A)more capital and higher productivity.
• B)more capital and lower productivity.
• C)less capital and higher productivity.
• D)less capital and lower productivity.

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Definitions:

National Railroad Network

A widespread system of railways covering a nation, facilitating the transportation of goods and passengers across various regions.

Global Economy

The interconnected worldwide economic activities that involve the exchange of goods, services, technology, and capital across borders.

Manufacturing Jobs

Employment in industries that produce goods using labor and machines, typically involving the transformation of raw materials into finished products.

Subsidy Payments

Financial assistance granted by the government to individuals, organizations, or industries to support economic activities deemed beneficial for the public.