Suppose Turkey Increases Its Saving Rate

question 120

Multiple Choice

Suppose Turkey increases its saving rate.In the long run

• A)the growth rates of productivity and real GDP per person increase.
• B)productivity and real GDP per person increase.
• C)the growth rate of productivity increases,and real GDP per person increases.
• D)productivity increases,and the growth rate of real GDP per person increases.

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Definitions:

Short-Term Investments

Investments that are expected to be converted into cash within one year and are often seen in the form of stocks, bonds, or certificates of deposit held by a company.

Trading Investment

Securities purchased by a company not for long-term holding but rather for generating profit from short-term price fluctuations.

Common Shares

Equity investments representing ownership in a company, entitling holders to dividends and voting rights in certain decisions.