Solved

Countries with Higher Saving Rates May Have Higher Equilibrium Growth

Question 35

Multiple Choice

Countries with higher saving rates may have higher equilibrium growth rates since


A) people who save more also are more industrious
B) higher income allows for more savings
C) a higher saving rate allows for more investment in human capital which ultimately enhances economic growth
D) having more capital equipment is more important than having better capital equipment
E) none of the above

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions