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.

---

Definitions:

Stereotype

is a widely held but fixed and oversimplified image or idea of a particular type of person or thing.

Primacy Effect

The tendency to remember information that is presented first better than information that is presented later.

Schema

A cognitive framework or concept that helps organize and interpret information, allowing individuals to categorize and understand new information based on existing knowledge.

Concept

An abstract idea or general notion that represents something in the mind, forming the basis of thoughts or theories.