If a Country's Saving Rate Increases,then in the Long Run

question 50

Multiple Choice

If a country's saving rate increases,then in the long run

• A)productivity is higher but real GDP per person is not higher.
• B)real GDP per person is higher but productivity is not higher.
• C)productivity and real GDP per person are both higher.
• D)neither productivity nor real GDP per person is higher.

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Definitions:

Parallel Grammatical Form

The use of consistent patterns of words, phrases, or clauses within sentences to ensure clarity and enhance readability.

Solicited Cover Letter

A letter sent in response to a specific job advertisement, tailoring the applicant’s qualifications to the job requirements.

Interview

A conversation where questions are asked by the interviewer to elicit facts or statements from the interviewee.

Gratefulness

The feeling or expression of being thankful and appreciative.