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Consider Three Imaginary Countries

Question 14

Multiple Choice

Consider three imaginary countries.In Aire,saving amounts to $4,000 and consumption amounts to $12,000;in Bovina,saving amounts to $3,000 and consumption amounts to $24,000;and in Cartar,saving amounts to $10,000 and consumption amounts to $50,000.The saving rate is


A) higher in Aire than in Cartar,and it is higher in Cartar than in Bovina.
B) higher in Cartar than in Aire,and it is higher in Aire than in Bovina.
C) higher in Cartar than in Bovina,and it is the same in Bovina and Aire.
D) higher in Aire than in Bovina,and it is the same in Aire and Cartar.

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