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:

Young People

Individuals in their late childhood to early adulthood phase, often considered the future drivers of social, economic, and political change.

Democratic Elitism

A theory that democracy is inevitably ruled by a small number of elites or expert leaders despite the participation of the broader populace.

Elite Democrats

Influential members within the Democratic Party known for their power, status, or wealth.

Public Opinion

The collective attitudes, beliefs, or views of the adult population regarding issues or subjects of public interest.