Multiple Choice
If a country's saving rate increases, what happens in the long run?
A) Productivity does not change.
B) Real GDP per person decreases.
C) Real GDP per person does not change.
D) Productivity increases.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q89: In a market economy, when do we
Q90: In Canada real GDP per person is
Q91: Tom works 6 hours a day and
Q92: Which of the following does Y/L refer
Q93: Some civil society groups and activists propose
Q95: All else equal, which of the following
Q96: What do property rights refer to?<br>A) a
Q97: Technological innovations, by increasing productivity in manufacturing,
Q98: Which statement is consistent with the catch-up
Q99: Which statement illustrates an implication of investment