Multiple Choice
(Table) When you look at "Table: GDP Data for Two Countries," what evidence do you see that suggests which country has the highest savings rate?
A) The smaller amount of consumer spending in Econia suggests that it has a higher savings rate.
B) Consumer spending is a smaller share of total spending in Macland, suggesting that consumers are saving a larger share of their income.
C) Investment is lower in Econia, suggesting the households are saving rather than investing.
D) The higher GDP in Macland means that they must have a higher savings rate.
Correct Answer:

Verified
Correct Answer:
Verified
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