menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 6
  4. Exam
    Exam 7: Economic Growth
  5. Question
    If the Saving Rate in an Economy Is 30 Percent
Solved

If the Saving Rate in an Economy Is 30 Percent

Question 31

Question 31

Multiple Choice

If the saving rate in an economy is 30 percent and the GDP of the economy is $1,000,then the level of investment in the economy will be ________.


A) $150
B) $300
C) $330
D) $600

Correct Answer:

verifed

Verified

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

Related Questions

Q26: Which statement best describes the effect of

Q27: Suppose GDP per capita is $2,500 in

Q28: Suppose we know that a nation has

Q29: This is the process that enables the

Q30: The top 10 percent of income earners

Q32: The following table shows the GDP per

Q33: Which of the following statements is true

Q34: If a country increases its saving rate,the

Q35: Which of the following identifies the correct

Q36: Consider a closed economy without a government.If

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines