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.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: All else equal,if there are diminishing returns,then
Q11: Other things the same,if a country raises
Q12: Electronics firms may be able to get
Q13: Other things equal,relatively poor countries tend to
Q15: In the long run,an increase in the
Q16: Suppose that there are diminishing returns to
Q17: Senator Smith says that in order to
Q18: Suppose that a new government is elected
Q19: Which of the following is an example
Q131: Other things the same, a country that